Fed's Daly Says We Will Expect Will Have That Conversation Next Year, Will Depend On The Economy And Path Of Inflation
Portfolio Pulse from Happy Mohamed
Federal Reserve's Mary Daly stated that the conversation about inflation and its impact on the economy will be held next year. The discussion will depend on the economic conditions and the path of inflation.
August 10, 2023 | 3:19 pm
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NEUTRAL IMPACT
The statement by Federal Reserve's Mary Daly may impact the SPY ETF. The future discussions on inflation and its economic impact could influence investor sentiment and market trends.
The Federal Reserve's policies and statements often have a significant impact on the market. While the SPY ETF was not directly mentioned, it represents a broad market index and is likely to be influenced by such macroeconomic discussions. The impact is neutral as the direction will depend on the outcome of these discussions.
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