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SPY

Federal Reserve Chair Jerome Powell has made a statement suggesting that it's only possible to know when monetary policy is sufficiently restrictive when the effects become visible. This could imply a continuation of the current policy until clear signs of overheating are observed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:53 pm

SPY

Federal Reserve Chairman Jerome Powell has indicated that the progress made so far in the economic recovery allows for a cautious approach moving forward.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:51 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the path to a soft landing may have widened and could be influenced by factors outside the Fed's control.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:51 pm

SPY

Federal Reserve Chair Jerome Powell has expressed optimism about the possibility of a soft landing for the economy, stating that he has always believed there was a path to it.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:50 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the median forecast does not predict a significant increase in unemployment. However, he also noted that this is not guaranteed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:50 pm

AMZN

Amazon.com has decided to scrap a planned fee on merchants who do not use its shipping services, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:50 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the significant rebalancing in the labor market, which has occurred without a substantial increase in unemployment, is a positive development. However, he anticipates some softening in the labor market.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:49 pm

SPY

Federal Reserve Chairman Jerome Powell has suggested that the current neutral interest rate may be higher than previously thought. This could potentially lead to a faster pace of monetary tightening, which could impact the broader market.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:49 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the median of neutral rate estimates has not increased, but individuals are adjusting their estimates. He also suggested that it's plausible the neutral rate could be higher than the longer run rate.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:48 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the neutral rate is only known when it is reached, and suggested that it may have risen. This could potentially impact the interest rates and the overall economy.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:48 pm