Fed's Waller Says Prudent Risk Management May Suggest Skipping A Hike In June, Leaning Toward July Hike Depending On Inflation Data And If Banking Conditions Haven't Tightened Excessively
Portfolio Pulse from Happy Mohamed
Federal Reserve Governor Christopher Waller suggests that prudent risk management may lead to skipping a rate hike in June and leaning towards a July hike, depending on inflation data and banking conditions.
May 24, 2023 | 4:12 pm
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Fed's Waller suggests skipping a June rate hike, potentially impacting the SPY ETF as investors react to changes in interest rate expectations.
Federal Reserve Governor Christopher Waller's comments on potentially skipping a rate hike in June and leaning towards a July hike may impact the SPY ETF as investors adjust their expectations on interest rates. The impact on the ETF will depend on how the market interprets this information and whether it leads to a change in investor sentiment.
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