Atlanta Fed President Bostic Says Would Be "Uncomfortable" For A Regulator To Impose Limits On Withdrawals
Portfolio Pulse from Benzinga Newsdesk
Atlanta Fed President Bostic expressed discomfort with the idea of regulators imposing limits on withdrawals, according to Reuters.
May 22, 2023 | 4:14 pm
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NEUTRAL IMPACT
Atlanta Fed President Bostic's statement on withdrawal limits may have a neutral impact on the SPY ETF.
Although the article mentions SPY, the statement by Atlanta Fed President Bostic does not directly affect the ETF's performance. His opinion on withdrawal limits is more related to regulatory policies, and it is unclear how this would translate into a direct impact on the SPY ETF in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50