Fed's Goolsbee Says External Shocks Have Derailed Many A Soft Landing In Previous Times
Portfolio Pulse from Benzinga Newsdesk
In a Yahoo Finance interview, Fed's Goolsbee discussed how external shocks have historically disrupted attempts at achieving a soft landing in the economy. This highlights the challenges faced by the Federal Reserve in managing economic stability.
October 04, 2024 | 2:37 pm
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The discussion by Fed's Goolsbee on the challenges of achieving a soft landing due to external shocks may influence investor sentiment towards SPY, as it reflects broader economic uncertainties.
SPY, as an ETF that tracks the S&P 500, is sensitive to macroeconomic conditions. Goolsbee's comments on external shocks highlight potential risks, but do not provide specific new information that would immediately impact SPY's price.
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