Fed's President Of Chicago Goolsbee Says Don't Know If Should Skip September Meeting; I Am Open To Reading The Data, I Have Not Made Up My Mind On September
Portfolio Pulse from Benzinga Newsdesk
The President of the Federal Reserve Bank of Chicago, Goolsbee, has stated that he is unsure whether to skip the September meeting. He is open to reading the data and has not made a decision regarding the September meeting.
July 31, 2023 | 1:29 pm
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NEUTRAL IMPACT
The uncertainty surrounding the Federal Reserve's September meeting could potentially impact the SPY ETF, as changes in monetary policy often influence market trends.
The Federal Reserve's decisions on monetary policy can significantly impact the stock market. As SPY is a broad market ETF, any potential changes or uncertainty in policy could influence its performance. However, as the news is still uncertain and no decision has been made, the impact is neutral at this point.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50