Fed's Williams Says Will Still Take A While For Full Monetary Policy Tightening To Affect Economy
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's John Williams stated that it will take some time for the full effects of monetary policy tightening to impact the economy, according to Reuters.
September 29, 2023 | 4:47 pm
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NEUTRAL IMPACT
The statement by Fed's Williams about the delayed impact of monetary policy tightening could influence investor sentiment and potentially affect the SPY ETF.
While SPY is not directly mentioned, it is a broad market ETF that could be influenced by changes in monetary policy. The statement by Fed's Williams could affect investor sentiment, leading to potential changes in the ETF's price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50