Fed's Kashkari Says I Don't See Evidence That A Recession Is Around The Corner; Monetary Policy Can Hit The Economy With A Lag; There Could Be More Slowdown Still In The Pipeline
Portfolio Pulse from Happy Mohamed
Federal Reserve's Neel Kashkari stated that he does not see evidence of an impending recession. He also mentioned that monetary policy can impact the economy with a lag and there could be more slowdown still in the pipeline.
August 15, 2023 | 3:56 pm
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The Federal Reserve's outlook on the economy can influence the performance of the SPY ETF. Kashkari's comments suggest a cautious outlook, which could lead to uncertainty in the market.
The Federal Reserve's views on the economy can significantly impact market sentiment. While Kashkari does not see an imminent recession, his comments about potential further slowdown could create uncertainty, which may affect the performance of the SPY ETF.
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