Fed Governor Waller Says "Disturbing" That Core Inflation Is Not Moving, Will Probably Require Some More Tightening
Portfolio Pulse from Benzinga Newsdesk
Fed Governor Waller expressed concerns over the lack of movement in core inflation, suggesting that further tightening may be required to address the issue.
June 16, 2023 | 1:06 pm
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NEGATIVE IMPACT
Fed Governor Waller's comments on core inflation and potential tightening measures may impact the broader market, including the SPY ETF.
Fed Governor Waller's comments on the need for further tightening measures to address stagnant core inflation may lead to increased market uncertainty and potential negative impact on the broader market, including the SPY ETF. Tightening measures can lead to higher interest rates, which may negatively affect stock prices.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75