Fed's Logan Says Typically Can Look Through Energy Price Shocks When Assessing Inflation Outlook
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve official Lorie Logan stated that the Fed can typically look through energy price shocks when assessing the inflation outlook. This suggests that temporary fluctuations in energy prices may not significantly impact the Fed's monetary policy decisions.
November 07, 2023 | 6:41 pm
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The statement by the Federal Reserve official suggests that temporary fluctuations in energy prices may not significantly impact the Fed's monetary policy decisions. This could potentially stabilize the market, indirectly affecting the SPY ETF.
The Federal Reserve's monetary policy decisions can significantly impact the stock market. If the Fed is not significantly swayed by temporary energy price shocks, this could lead to more stability in the market, which could indirectly affect the SPY ETF.
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