Fed's Chair Powell Says Lot Of Uncertainty Around The Length Of Lags
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell has expressed uncertainty about the length of lags in monetary policy. This statement could potentially impact the market's expectations about future monetary policy decisions.
July 26, 2023 | 6:54 pm
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Powell's statement about uncertainty in monetary policy lags could potentially impact the SPY ETF, as it tracks the S&P 500 index which is sensitive to changes in monetary policy.
The SPY ETF tracks the S&P 500 index, which is sensitive to changes in monetary policy. Powell's statement about uncertainty in the length of lags in monetary policy could potentially impact the market's expectations about future monetary policy decisions, and thus impact the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75