Fed's Williams Says Expects The Unemployment Rate To Edge Up Over Next Year; Sees A Risk Of Stronger Than Expected Growth
Portfolio Pulse from Happy Mohamed
Federal Reserve's Williams expects the unemployment rate to increase over the next year. He also sees a risk of stronger than expected growth.
September 07, 2023 | 7:51 pm
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NEUTRAL IMPACT
The Federal Reserve's outlook on unemployment and growth could impact the SPY ETF, which tracks the S&P 500 index.
The Federal Reserve's outlook on the economy can have a significant impact on the stock market. If unemployment rises and growth is stronger than expected, this could lead to increased volatility in the market, potentially impacting the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50