Fed Chair Powell Concludes FOMC Press Conference
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chairman Jerome Powell has concluded the Federal Open Market Committee (FOMC) press conference. No specific details about the conference were provided.
September 20, 2023 | 7:25 pm
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NEUTRAL IMPACT
The SPY ETF, which tracks the S&P 500, may be impacted by the outcomes of the FOMC press conference led by Fed Chair Jerome Powell. However, without specific details, the direction of the impact is uncertain.
The SPY ETF, which tracks the S&P 500, is often influenced by macroeconomic events and decisions made by the Federal Reserve. The FOMC press conference could have discussed changes in monetary policy, which could impact the overall market and thus the SPY ETF. However, without specific details about the conference, it's difficult to predict the direction of the impact.
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