Fed's Cook Does Not Comment On Monetary Policy Or Economic Outlook In Prepared Remarks To AI Conference
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Cook did not comment on monetary policy or economic outlook in his prepared remarks to an AI conference, according to Reuters.
September 22, 2023 | 12:51 pm
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NEUTRAL IMPACT
Fed's Cook did not comment on monetary policy or economic outlook, which could have influenced the SPY ETF.
The SPY ETF, which tracks the S&P 500, can be influenced by changes or comments on the monetary policy or economic outlook by Federal Reserve officials. However, as there were no comments made, the impact is neutral.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50