Fed's Chair Powell Says The Totality Of The Data Is Important With Particular Focus On Progress On Inflation
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell emphasized the importance of the totality of data, with a particular focus on progress on inflation.
July 26, 2023 | 6:44 pm
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NEUTRAL IMPACT
Fed's focus on inflation data could impact the broader market, represented by SPY.
The Federal Reserve's focus on inflation data could have implications for the broader market. As SPY is a broad market ETF, it could be impacted by any changes in monetary policy that result from the Fed's analysis of inflation data.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50