FOMC Rate Decision Statement For Sept. 20, 2023
Portfolio Pulse from Benzinga Newsdesk
The Federal Open Market Committee (FOMC) has released its rate decision statement for September 20, 2023. The statement may have implications for the SPY ETF.
September 20, 2023 | 6:00 pm
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NEUTRAL IMPACT
The FOMC's rate decision could impact the SPY ETF, which tracks the S&P 500 and is sensitive to changes in monetary policy.
The FOMC's rate decision can influence the overall market, and thus the SPY ETF. However, the exact impact will depend on the specifics of the decision, which are not detailed in the news.
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