Fed Chair Powell Says I Don't Think Monetary Policy Is Becoming Less Effective; We Still Have A Long Way To Go
Portfolio Pulse from Happy Mohamed
Federal Reserve Chair Jerome Powell stated that he believes monetary policy is not becoming less effective and that there is still a long way to go.
June 22, 2023 | 2:36 pm
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NEUTRAL IMPACT
Fed Chair Powell's statement on the effectiveness of monetary policy may influence market sentiment and impact the SPY ETF.
Fed Chair Powell's statement on the effectiveness of monetary policy can influence market sentiment, which may have an indirect impact on the SPY ETF. However, the statement does not directly mention the ETF or provide specific information that would lead to a direct impact on its price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50