Fed's Kashkari Says It's A Close Call On June Meeting Whether To Raise Or Pause; Says t May Be That We Have To Go North Of 6%, But Not Clear
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Neel Kashkari stated that it's a close call on whether to raise or pause during the June meeting. He mentioned that it may be necessary to go north of 6%, but it's not clear.
May 22, 2023 | 11:13 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Fed's Kashkari's statement on the uncertainty of raising or pausing during the June meeting may impact the SPY ETF.
The uncertainty in the Federal Reserve's decision on whether to raise or pause during the June meeting may cause fluctuations in the market, which could impact the SPY ETF. However, the exact impact is unclear as the decision is still uncertain.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50