Fed's Powell Has Left The Meeting With New Democrat Coalition.
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chairman Jerome Powell has concluded a meeting with the New Democrat Coalition, a group of moderate Democrats in the US House of Representatives.
May 23, 2023 | 5:43 pm
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NEUTRAL IMPACT
Fed's Powell met with the New Democrat Coalition, which may influence future monetary policy decisions.
The meeting between Fed's Powell and the New Democrat Coalition may have an indirect impact on the SPY ETF as it could influence future monetary policy decisions. However, the short-term impact is uncertain as no specific policy changes or announcements were made during the meeting.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50