Fed Chair Powell Resumes Remarks After Protestor Disrupted Event
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell's speech was briefly interrupted by a protestor. The event resumed shortly after the disruption.
November 09, 2023 | 7:15 pm
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NEUTRAL IMPACT
The disruption of Fed Chair Powell's speech may cause short-term uncertainty in the market, potentially affecting the SPY ETF.
The Federal Reserve's decisions and statements often have a significant impact on the overall market. A disruption during a speech by the Fed Chair could cause short-term uncertainty, which may affect the SPY ETF, a fund that tracks the S&P 500 and is a good indicator of the overall U.S. stock market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50