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SPY

Federal Reserve's Bostic stated that the Fed still has time to let restrictiveness play out, but would not be comfortable if inflation stalls or expectations rise. This could potentially impact the overall market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 4:38 pm

SPY

Federal Reserve's Bostic has indicated that the US economy is beginning to slow down, with signs such as slowing job growth and decreasing inflation. This could potentially impact the overall market, including ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 4:34 pm

SPY

Federal Reserve Bank of Atlanta President Raphael Bostic stated that the current monetary policy is 'clearly' in restrictive territory, suggesting that the Federal Reserve can afford to be patient in its approach.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 4:32 pm

SPY

Federal Reserve's Bostic stated that the biggest risk is not moving inflation back to target, and all Fed members are in consensus on this view.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 4:32 pm

SPY

Atlanta Federal Reserve President Raphael Bostic stated that a recession is not the baseline outlook for the U.S. economy, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 4:31 pm

SPY

Federal Reserve's Bostic has stated that the current trajectory on inflation is in the right direction and the Fed will ensure that it continues. This could impact the overall market, including ETFs like SPY.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 4:24 pm

SPY

Federal Reserve's Bostic has stated that the current high inflation is not sustainable and is not due to excessive risk-taking, but rather the response to the pandemic. This could potentially impact the overall market, including ETFs like SPY.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 4:23 pm

SPY

Federal Reserve Bank of San Francisco President Mary Daly stated that the Fed is nearing the end of its rate-hiking cycle. This could potentially impact the overall market and ETFs like SPY.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 3:53 pm

SPY

Federal Reserve's Mary Daly has stated that community banks are tightening their lending standards more than big and regional banks, although it's difficult to quantify the extent of this tightening. The news was reported by Reuters.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 3:51 pm

SPY

Federal Reserve's Mary Daly has stated that credit shocks often have a lag and could still be seen in the upcoming months. This suggests potential instability in the financial markets.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 3:50 pm