Fed Chair Powell To Give Semi-Annual Monetary Policy Testimony At Senate Banking Committee On July 9 Senator Brown's Office
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell is scheduled to give his semi-annual monetary policy testimony before the Senate Banking Committee on July 9. This event is closely watched by investors for insights into future monetary policy actions.
June 17, 2024 | 5:39 pm
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NEUTRAL IMPACT
Federal Reserve Chair Jerome Powell's upcoming testimony is a significant event for the SPY ETF, as it could provide insights into future monetary policy actions that impact the broader market.
Powell's testimony is a key event for the market, and SPY, as a broad market ETF, will be closely watched. However, the exact impact will depend on the specifics of his testimony.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100