Fed's Bostic Says Risk Of Waiting Is That Inflation Rebounds, But 'That Is Not My Baseline'
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Bank of Atlanta President Raphael Bostic said that the risk of waiting for inflation to rebound is present, but it is not his baseline expectation. This statement may impact the market and ETFs like SPY.

June 21, 2023 | 6:02 pm
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NEUTRAL IMPACT
Fed's Bostic's statement on inflation rebound risk may impact the market and ETFs like SPY, as investors react to the potential implications.
Fed's Bostic mentioned the risk of waiting for inflation to rebound, which may cause uncertainty in the market. This could lead to fluctuations in ETFs like SPY, as investors react to the potential implications of his statement. However, since he mentioned that it is not his baseline expectation, the impact may be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50