Fed Chair Powell Says Framework Review Will Begin Late This Year, Laying Out Questions To Be Asked
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell announced that a framework review will begin later this year, focusing on key questions regarding monetary policy. This review could impact market expectations and investor sentiment.
September 30, 2024 | 6:21 pm
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The announcement of a framework review by Fed Chair Powell could influence SPY as it may affect market expectations and investor sentiment regarding monetary policy.
SPY, as an ETF that tracks the S&P 500, is sensitive to changes in monetary policy expectations. The framework review could lead to shifts in investor sentiment, but the specific impact is uncertain until more details are revealed.
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