CPI (MoM) (Aug) vs 0.6% vs 0.6% Est.
Portfolio Pulse from Bill Haddad
The Consumer Price Index (CPI) for the month of August has met the estimated value of 0.6%.
September 13, 2023 | 12:31 pm
News sentiment analysis
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NEUTRAL IMPACT
The CPI meeting estimates suggests a stable economic environment, which could have a neutral impact on the SPY ETF.
The CPI is a key economic indicator that measures inflation. When it meets estimates, it suggests that the economy is performing as expected, which can have a neutral impact on broad market ETFs like SPY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50