Fed's Harker Says We Have To Get Inflation Back To 2%
Portfolio Pulse from Happy Mohamed
Federal Reserve's Harker has stated that the goal is to bring inflation back to 2%. This could potentially impact the overall market, including ETFs like SPY.
August 25, 2023 | 3:02 pm
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NEUTRAL IMPACT
The statement by Fed's Harker about bringing inflation back to 2% could potentially impact the price of SPY in the short term.
The Federal Reserve's policies and statements often have a significant impact on the overall market. In this case, the goal of bringing inflation back to 2% could lead to changes in monetary policy that could affect the price of assets like SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50