Fed's Williams Says Sees Inflation Ebbing To 3.25% This Year, Heading To 2% In 2025
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's John Williams predicts inflation to decrease to 3.25% this year and further drop to 2% by 2025.
September 29, 2023 | 4:46 pm
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NEUTRAL IMPACT
The prediction of a decrease in inflation could potentially impact the SPY ETF, as it reflects the performance of the S&P 500 Index.
The SPY ETF, which tracks the S&P 500 Index, could be impacted by the predicted decrease in inflation. Lower inflation can lead to higher real returns for investors, which could increase demand for the ETF. However, the impact is uncertain as it also depends on other factors such as economic growth and interest rates.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50