Fed's Goolsbee Says Fed Has A 2% Inflation Goal, And It Must Keep That Promise; We Are Going To Get To 2% Inflation; If We Get It To 2%, I'm Fine With Then Having A Discussion On Changing The Target, But Not Until Then
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Goolsbee emphasized the importance of maintaining the 2% inflation goal, stating that the Fed is committed to achieving this target.
June 14, 2024 | 6:22 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Federal Reserve's commitment to a 2% inflation target could influence market expectations and investor sentiment, potentially impacting the SPY ETF.
The SPY ETF, which tracks the S&P 500, could see changes in investor sentiment and market expectations due to the Fed's commitment to a 2% inflation target. However, the immediate impact on SPY's price is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50