Bullard Says Not Anticipating Changes To Qt Any Time Soon
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Bank of St. Louis President James Bullard stated that he does not anticipate any changes to the quantitative tightening (QT) policy any time soon, according to Reuters.
May 22, 2023 | 1:27 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
St. Louis Fed President James Bullard's statement on no changes to QT policy in the near future may have a neutral impact on the SPY ETF.
James Bullard's statement on the QT policy indicates that the Federal Reserve's stance remains unchanged, which may not have a significant impact on the SPY ETF in the short term. However, it is important for investors to monitor any future changes in the Fed's policy.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50