Fed's Daly Says To Ensure We Fully Achieve Goals, We Need To Finish The Work; We Need Vigilance And Agility
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Mary Daly stated that to fully achieve their goals, vigilance and agility are required. The statement suggests a cautious approach towards monetary policy.
October 05, 2023 | 4:11 pm
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NEUTRAL IMPACT
Fed's Daly's comments on the need for vigilance and agility may impact the SPY ETF, as it tracks the performance of the S&P 500, which is sensitive to changes in monetary policy.
The SPY ETF, which tracks the S&P 500, is sensitive to changes in monetary policy. Fed's Daly's comments suggest a cautious approach, which could lead to uncertainty in the market, potentially impacting the performance of the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50