Fed's Daly Says We Need To Go At A Slower Pace; We've Had A Good Set Of Data In Last Few Months; Inflation Is Coming Down
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Mary Daly suggests a slower pace in policy changes, citing good data in recent months and a decrease in inflation. This could impact the broader market, including ETFs like SPY.
September 22, 2023 | 5:12 pm
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The Federal Reserve's slower pace in policy changes, due to good data and decreasing inflation, could impact SPY.
The Federal Reserve's policy changes can significantly impact the broader market. A slower pace in policy changes, due to positive economic data and decreasing inflation, could lead to a more stable and potentially positive environment for ETFs like SPY.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75