U.S. Treasury Secretary Yellen Says We Want Congress To Stay Focused And Avoid Anything That Could Cause Economy To Lose Momentum
Portfolio Pulse from Benzinga Newsdesk
U.S. Treasury Secretary Janet Yellen has urged Congress to stay focused and avoid any actions that could cause the economy to lose momentum, according to CNBC.
September 18, 2023 | 2:16 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could be impacted by Yellen's comments as it tracks the performance of the U.S. economy.
As SPY tracks the performance of the U.S. economy, any potential changes in economic momentum, as suggested by Yellen, could impact its performance. However, the exact impact will depend on the specific actions taken by Congress.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50