Fed's Waller Says Probability Of A Recession Seems To Have Disappeared; 10 Year Treasury Rate Has Risen; That's Where You See Potential Effects On Tightening; Disconnect About How People Think About Speed Of Rate Hikes Versus Expected Rate Cuts; Trying To Figure Out Actual Lags Is So Difficult, Makes Us A Lot More Cautious Now; R Star Is Hard To Measure, Have To Accept Certain Amount Of Uncertainty; I Don't Find R Star Discussion Very Helpful
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Waller indicates that the probability of a recession has diminished, and the 10-year Treasury rate has increased. He highlights the challenges in understanding the speed of rate hikes versus expected rate cuts and the difficulty in measuring R Star, leading to a more cautious approach.
May 21, 2024 | 1:32 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Federal Reserve's cautious stance and the rise in the 10-year Treasury rate could impact SPY, reflecting broader market sentiment and potential volatility.
SPY, as an ETF that tracks the S&P 500, is likely to be influenced by the Federal Reserve's cautious approach and the rise in the 10-year Treasury rate. These factors could lead to market volatility, affecting SPY's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50