Fed Governor Waller Says Labor Supply Also Appears To Be Normalizing To Pre-pandemic Levels
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Governor Waller has stated that labor supply appears to be normalizing to pre-pandemic levels.
November 07, 2023 | 3:18 pm
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POSITIVE IMPACT
The normalization of labor supply to pre-pandemic levels could potentially impact the SPY ETF, as it reflects the overall health of the US economy.
The normalization of labor supply is a positive sign for the economy, which could lead to increased consumer spending and economic growth. This could potentially boost the performance of the SPY ETF, which tracks the S&P 500 and is a broad indicator of the US stock market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75