Fed Chair Powell Says We Are On A Journey To Get To Price Stability, Have Quite A Ways To Go, Making Progress
Portfolio Pulse from Happy Mohamed
Federal Reserve Chair Jerome Powell stated that the US is on a journey to achieve price stability, but there is still a significant distance to cover, although progress is being made.
June 21, 2023 | 3:34 pm
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NEUTRAL IMPACT
Fed Chair Powell's comments on the journey to price stability may impact the overall market sentiment, potentially affecting the SPY ETF.
Fed Chair Powell's statement on the progress towards price stability can influence market sentiment, which may affect the SPY ETF. However, the impact is uncertain as it depends on how investors interpret the comments and the overall market conditions.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50