Fed Chair Powell Starts News Conference
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell has started a news conference, which could impact market expectations and movements. Investors are closely watching for any hints on future monetary policy changes.
September 18, 2024 | 6:30 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience volatility as investors react to any new information or signals from Fed Chair Powell's news conference regarding future monetary policy.
The SPDR S&P 500 ETF (SPY) is sensitive to Federal Reserve announcements as they can influence market sentiment and expectations. Powell's conference may provide insights into future policy, affecting SPY's short-term movements.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50