Fed's Logan Says We Are Seeing Economy Come Into Better Balance, But Still Worried About Upside Risks To Inflation; Still See Some Lingering Supply Chain Issues
Portfolio Pulse from Benzinga Newsdesk
Fed's Logan indicates that the economy is coming into better balance but expresses concerns about upside risks to inflation and lingering supply chain issues.
June 18, 2024 | 5:34 pm
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Fed's Logan's comments on economic balance and inflation risks could lead to short-term volatility in SPY, reflecting broader market sentiment.
Logan's comments suggest a mixed outlook with both positive and negative elements. While economic balance is improving, inflation risks and supply chain issues could create uncertainty, leading to potential short-term volatility in SPY.
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IMPORTANCE 70
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