LIVE: Watch FOMC Press Conference July 31, 2024
Portfolio Pulse from Benzinga Newsdesk
The Federal Open Market Committee (FOMC) is holding a press conference on July 31, 2024. Investors are closely watching for any announcements regarding interest rates and economic outlook, which could impact market sentiment and stock prices.
July 31, 2024 | 6:30 pm
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NEUTRAL IMPACT
The FOMC press conference could significantly impact SPY, as any announcements regarding interest rates or economic outlook will influence market sentiment and stock prices.
The SPDR S&P 500 ETF (SPY) is highly sensitive to changes in interest rates and economic outlook. The FOMC press conference is a key event that could influence these factors, thereby impacting SPY's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100