Minneapolis Fed President Kashkari Says Economic Data Suggests Fed Not As Restrictive As It Appears
Portfolio Pulse from Benzinga Newsdesk
Minneapolis Fed President Neel Kashkari has stated that economic data suggests the Federal Reserve is not as restrictive as it appears, according to Reuters. This could potentially impact the broader market, including ETFs like SPY.
September 27, 2023 | 12:07 pm
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The statement by Minneapolis Fed President Neel Kashkari could potentially impact the broader market, including ETFs like SPY, as it suggests a less restrictive stance by the Federal Reserve.
The Federal Reserve's policies have a significant impact on the broader market. A less restrictive stance could potentially lead to more liquidity in the market, which could impact the prices of assets like SPY. However, the exact impact is uncertain and depends on various other factors.
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