Fed Chair Powell Says We Can Proceed Carefully; Our Decisions Will Be Based On Assessments Of Data And Risks
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chairman Jerome Powell has stated that the Fed will proceed carefully with its decisions, which will be based on assessments of data and risks.
September 20, 2023 | 6:32 pm
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NEUTRAL IMPACT
Fed Chair Powell's statement about proceeding carefully with decisions based on data and risk assessments may impact the SPY ETF.
The Federal Reserve's decisions can significantly impact the stock market, and therefore the SPY ETF. However, without specific details about these decisions, it's difficult to predict the exact impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50