Minneapolis Fed President Kashkari Says Barr's Proposal On Capitalization Would Be A Step In The Right Direction
Portfolio Pulse from Benzinga Newsdesk
Minneapolis Fed President Kashkari has expressed support for Barr's proposal on capitalization, stating it would be a step in the right direction.
July 12, 2023 | 2:38 pm
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NEUTRAL IMPACT
The statement by Minneapolis Fed President Kashkari on Barr's capitalization proposal could potentially impact the broader market, represented by SPY.
While the news does not directly mention any specific impact on SPY, the ETF is a representation of the broader market. Any significant regulatory changes, such as those proposed by Barr, could potentially influence market trends and thus impact SPY.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50