Fed Governor Waller Says Could Be Short Run Price Impacts Of Things Like Re-shoring Production, But Should Not Imply Ongoing Inflationary Price Increases
Portfolio Pulse from Benzinga Newsdesk
Fed Governor Waller stated that there could be short-term price impacts due to factors like re-shoring production, but these should not imply ongoing inflationary price increases.
June 16, 2023 | 12:38 pm
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NEUTRAL IMPACT
Fed Governor Waller's comments on short-term price impacts and inflation may affect the overall market sentiment, potentially impacting the SPY ETF.
Waller's comments address potential short-term price impacts, which could influence market sentiment and investor behavior. As SPY is a broad market ETF, it may be affected by these changes in sentiment, but the direct impact on the ETF is uncertain.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50