Fed's Bullard Says "Our Main Risk Is That Inflation Doesn't Go Down Or Even Turns Around And Goes Higher, As It Did In The 1970s" - Financial Times
Portfolio Pulse from Happy Mohamed
Federal Reserve's Bullard warns that the main risk is inflation not going down or even turning around and going higher, similar to the 1970s, according to Financial Times.
May 18, 2023 | 4:13 pm
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NEGATIVE IMPACT
Fed's Bullard's warning about inflation risks may cause uncertainty in the market, potentially impacting the SPY ETF.
Bullard's warning about inflation risks may lead to increased uncertainty in the market. This could cause investors to reevaluate their positions, leading to potential short-term downward pressure on the SPY ETF, which tracks the S&P 500 index.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50