Fed's Waller Says It Could Reverse Again But I Am Much More Confident Inflation On Right Path; We Just Can't Let Inflation Get Too Low
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Governor Christopher Waller expressed confidence that inflation is on the right path but cautioned against letting it fall too low. He mentioned the possibility of reversing course if necessary.
September 20, 2024 | 3:42 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience volatility due to Fed Governor Waller's comments on inflation and potential policy reversals.
Waller's comments on inflation and potential policy changes can impact market sentiment, affecting SPY. However, no immediate action was announced, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50