CPI Month Over Month For July 0.2% Vs 0.2% Expected; 0.2% Prior
Portfolio Pulse from Benzinga Newsdesk
The Consumer Price Index (CPI) for July has met expectations, coming in at 0.2% month over month, the same as the prior month.
August 10, 2023 | 12:30 pm
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NEUTRAL IMPACT
The CPI data, which is in line with expectations, is unlikely to have a significant impact on the SPY ETF.
The CPI data is a key economic indicator that can influence the overall market. However, as the data was in line with expectations, it is unlikely to cause significant movement in the SPY ETF.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50