Fed's Waller Says If Inflation Data Reverses Could Argue For Maybe A Pause; We Could Even Pause, Depending On The Data; We Are Completely Data Dependent At This Point; I Advise People To Get Off Calendar Dates Focus; You Want To Think 6 To 12 Months Out On Rate Outlook; Wide Range Of Views On Longer-Run Neutral Rate
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Waller suggests that if inflation data reverses, it could justify a pause in rate hikes. The Fed is currently data-dependent and advises focusing on a 6 to 12-month outlook rather than specific calendar dates.
September 20, 2024 | 3:37 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience volatility as the Federal Reserve's potential pause in rate hikes could impact market sentiment. Investors should focus on the 6 to 12-month outlook.
The SPY ETF, which tracks the S&P 500, could be affected by changes in interest rate expectations. A potential pause in rate hikes might stabilize or boost market sentiment, but the Fed's data-dependent stance introduces uncertainty.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50