Powell Begins Delivering Prepared Remarks To House Financial Services Committee
Portfolio Pulse from Happy Mohamed
Federal Reserve Chairman Jerome Powell has begun delivering his prepared remarks to the House Financial Services Committee, addressing the current state of the US economy and monetary policy.

June 21, 2023 | 2:19 pm
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NEUTRAL IMPACT
Fed Chairman Jerome Powell's remarks to the House Financial Services Committee may impact the SPY ETF as investors react to his comments on the US economy and monetary policy.
Jerome Powell's remarks to the House Financial Services Committee will address the current state of the US economy and monetary policy. As the SPY ETF tracks the performance of the S&P 500, it may be impacted by investor reactions to Powell's comments. However, the extent of the impact will depend on the content of his remarks and the market's interpretation of them.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 50