Fed's Daly Says As Inflation Starts Coming Down, Can Start Lowering The Nominal Rate To Bring Real Rates Down To Neutral Level
Portfolio Pulse from Happy Mohamed
Federal Reserve's Mary Daly stated that as inflation starts to decrease, the nominal rate can be reduced to bring real rates down to a neutral level. This statement could potentially impact the overall market, including ETFs like SPY.
July 13, 2023 | 3:32 pm
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The statement by Fed's Daly about lowering nominal rates as inflation decreases could impact SPY, as it reflects the overall market.
The Federal Reserve's policies have a significant impact on the overall market. A decrease in nominal rates could lead to increased borrowing and investment, potentially boosting the market and ETFs like SPY.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75