Fed's Harker Says Upside Risks To Inflation Include Another 'Black Swan'
Portfolio Pulse from Happy Mohamed
Federal Reserve Bank of Philadelphia President Patrick Harker stated that upside risks to inflation include another 'Black Swan' event. He also mentioned that the Fed is prepared to act if inflation becomes a persistent issue.
June 01, 2023 | 5:18 pm
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Fed's Harker's comments on potential 'Black Swan' events causing upside risks to inflation may impact the overall market, including the SPY ETF.
Harker's comments on potential 'Black Swan' events causing upside risks to inflation may lead to increased market uncertainty. This could negatively impact the overall market, including the SPY ETF, as investors may become more cautious and risk-averse.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50