U.S. Rate Futures Price In 72% Chance Of A Fed Pause In June, A Sharp Turnaround From This Morning
Portfolio Pulse from Happy Mohamed
U.S. rate futures now indicate a 72% chance of a Federal Reserve pause in June, a significant shift from earlier predictions. This change in expectations may impact the stock market and ETFs like SPY.
May 31, 2023 | 6:37 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The 72% chance of a Fed pause in June may impact the stock market and ETFs like SPY, as investors adjust their expectations.
The change in expectations for a Fed pause in June may lead to increased uncertainty in the stock market. This could result in short-term volatility for ETFs like SPY, as investors reassess their positions and expectations. However, the overall impact on SPY's price direction is uncertain, as other factors may also influence the market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50