Fed's Chair Powell Says We Haven't Made A Decision To Go Every Other Meeting
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell has stated that the Fed has not made a decision to hold meetings every other month, contrary to some speculation.
July 26, 2023 | 6:38 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could be impacted by this news as it reflects the broader market, which is sensitive to Federal Reserve policy decisions.
The frequency of Federal Reserve meetings can impact market sentiment and monetary policy decisions, which in turn can affect the broader market. As SPY is a reflection of the broader market, it could be impacted by this news. However, as no decision has been made yet, the impact is uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50