Fed's Harker Says I Am In The Camp Coming Into This Meeting That We Can 'Skip' A Meeting; Says Data Still To Come May Change My Mind; Says I Think We Can Take A Bit Of A Skip For A Meeting
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Harker suggests that the Fed could 'skip' a meeting, stating that upcoming data may change his mind. He believes a pause in meetings could be beneficial.
May 31, 2023 | 5:39 pm
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NEUTRAL IMPACT
Fed's Harker suggests a possible 'skip' in a meeting, which could impact the market sentiment and affect the SPY ETF in the short term.
Fed's Harker's suggestion to 'skip' a meeting could lead to uncertainty in the market, affecting investor sentiment. This may have a neutral impact on the SPY ETF as the market digests the information and awaits further data.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50