Fed's Kashkari Says Inflation Is Headed Down
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Bank of Minneapolis President Neel Kashkari has stated that inflation is likely to decrease. This statement could influence the overall market sentiment.
October 10, 2023 | 7:12 pm
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NEUTRAL IMPACT
The statement by Fed's Kashkari about a potential decrease in inflation could influence the overall market sentiment, potentially impacting SPY.
The statement by the Federal Reserve Bank of Minneapolis President Neel Kashkari about a potential decrease in inflation could influence the overall market sentiment. As SPY is a broad market ETF, it could be impacted by this change in sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75