Fed's Mester Says Expects Housing Related Inflation To Ease
Portfolio Pulse from Happy Mohamed
Federal Reserve's Loretta Mester expects housing-related inflation to ease, which could impact the broader market and ETFs like SPY.
July 10, 2023 | 3:41 pm
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NEUTRAL IMPACT
The easing of housing-related inflation, as predicted by Fed's Mester, could potentially impact the performance of SPY.
Housing-related inflation is a significant economic indicator that can influence the broader market. As SPY is a broad market ETF, changes in this indicator could impact its performance. However, the exact impact is uncertain as it depends on various other factors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50