Fed's Kugler Says How Much We Cut Will Be A Question We Continue To Assess As More Data Comes In; It's Not An Answer We Can Give Today; Depends On Whether It Is From Disinflation Or Rapid Deterioration Of The Labor Market
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Kugler stated that the extent of future interest rate cuts will depend on incoming data, particularly whether disinflation or a rapid deterioration of the labor market is observed. No definitive answer can be provided at this time.
June 18, 2024 | 5:51 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Federal Reserve's uncertainty about future rate cuts could lead to increased volatility in the SPY ETF, as investors react to new economic data and potential changes in monetary policy.
The SPY ETF, which tracks the S&P 500, is sensitive to changes in Federal Reserve policies. Uncertainty about future rate cuts can lead to market volatility as investors adjust their expectations based on new economic data.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100