Fed's Kugler Says We Continue To Pay Attention To How The Data Comes In And We Have 2-Sided Risks Here
Portfolio Pulse from Benzinga Newsdesk
Fed's Kugler emphasized the importance of monitoring incoming data and acknowledged the presence of two-sided risks in the current economic environment.
June 18, 2024 | 5:50 pm
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NEUTRAL IMPACT
Fed's Kugler's comments on monitoring data and acknowledging two-sided risks could lead to increased market volatility, impacting SPY in the short term.
Kugler's remarks suggest a cautious approach by the Fed, which could lead to uncertainty in the market. This uncertainty may result in short-term volatility for SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50