Fed's Logan Says I Tend To Think Monetary Policy Lags Are Shorter Than Others; The Bulk Of The Economy Is Adjusting More Quickly To Monetary Policy; Looking At Financial Markets And The Performance Of The Economy, The Long-Term Neutral Rate May Be Higher
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Logan suggests that the economy is adjusting more quickly to monetary policy than previously thought, and that the long-term neutral rate may be higher. This is based on the performance of the economy and financial markets.
October 09, 2023 | 1:44 pm
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The comments from Federal Reserve's Logan about the economy adjusting more quickly to monetary policy and a potentially higher long-term neutral rate could impact the broader market, represented by SPY.
The comments from Federal Reserve's Logan could lead to changes in investor sentiment and market dynamics, potentially impacting the broader market. However, the exact impact on SPY is uncertain as it depends on various factors including the market's interpretation of these comments and other economic indicators.
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