Janet Yellen and the Federal Reserve calmed the markets this week with the iteration of its intent not to rush the first rate hike cycle in more than six years.
The Fed actually removed the word "patient" from its monthly meeting minutes, yet cited targets for medium-term inflation goals and an improving labor market as key considerations in future policy decisions.
The SPDR S&P 500 ETF Trust (NYSE: SPY) gained more than 2 percent this week and is now within sight of its February all-time high. Despite a brief period of volatility in March, most broad-based equity indices are now regaining momentum to the upside.
In ...
/www.benzinga.com/etfs/broad-u-s-equity-etfs/15/03/5345156/best-and-worst-etfs-of-the-week-amid-patient-federal-reserv alt=Best And Worst ETFs Of The Week Amid 'Patient' Federal Reserve>Full story available on Benzinga.com
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