Fed Chair Powell Says Housing Inflation Is Set To Come Down; Housing Inflation Will Come Down Significantly This Year, Next Year
Portfolio Pulse from Happy Mohamed
Federal Reserve Chair Jerome Powell expects housing inflation to decrease significantly this year and next, according to Reuters.
June 21, 2023 | 2:56 pm
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NEUTRAL IMPACT
Fed Chair Powell's statement on housing inflation may impact the broader market, including the SPY ETF.
Fed Chair Powell's statement on housing inflation can influence the overall market sentiment, which may affect the SPY ETF. However, the direct impact on SPY is not clear, and the statement does not specifically mention the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50