Fed's Barkin Says Will Not Prejudge June Meeting Outcome; Says Still Looking To Be Convinced Inflation Is In Steady Decline
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Barkin stated that he will not prejudge the outcome of the June meeting and is still looking to be convinced that inflation is in a steady decline.
May 22, 2023 | 4:21 pm
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NEUTRAL IMPACT
Fed's Barkin's comments on not prejudging the June meeting outcome and inflation may impact the SPY ETF.
Fed's Barkin's comments on the June meeting and inflation may create uncertainty in the market, which could impact the SPY ETF. However, the direct impact on the ETF is not clear, and the market may react differently based on other factors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50