Fed's Goolsbee Says There Is A Way To Curb Inflation Without A Recession; Weaker Inflation Data Show The Fed Is Making Progress
Portfolio Pulse from Happy Mohamed
Federal Reserve's Goolsbee suggests that there is a method to control inflation without causing a recession. Recent weaker inflation data indicates that the Fed's efforts are showing progress.
July 14, 2023 | 1:39 pm
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POSITIVE IMPACT
The Federal Reserve's efforts to control inflation without causing a recession could impact the SPY ETF. Weaker inflation data suggests positive progress, which could stabilize the market and potentially benefit SPY.
The Federal Reserve's actions have a significant impact on the overall market, which is represented by SPY. If the Fed is successful in controlling inflation without causing a recession, it could lead to market stability and potential growth, positively impacting SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50