Fed's Williams Says Sees Ample Signs That Inflation Pressures Are Waning
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's John Williams has indicated that there are ample signs that inflation pressures are waning, according to Reuters.
September 29, 2023 | 4:49 pm
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The statement by Fed's John Williams about waning inflation pressures could potentially impact the SPY ETF.
The SPY ETF, which tracks the S&P 500, could be impacted by the statement from Fed's John Williams. If inflation pressures are indeed waning, this could lead to a more stable economic environment, potentially boosting the performance of the S&P 500 and, by extension, the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50