Fed's Goolsbee Says Key Issue Is Potential Trade-Off Between Inflation And Unemployment; Expects Additional Supply-Chain Improvements
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Goolsbee highlights the potential trade-off between inflation and unemployment, while expecting further improvements in supply chains.
May 30, 2024 | 5:41 pm
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NEUTRAL IMPACT
The Federal Reserve's focus on the trade-off between inflation and unemployment, along with expected supply chain improvements, could influence market sentiment and the performance of SPY.
The Federal Reserve's stance on inflation and unemployment is a critical factor for market sentiment. While the news does not indicate immediate action, it suggests a cautious approach that could stabilize or slightly influence SPY's performance.
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