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SPY

Federal Reserve Chairman Powell has indicated that there is a lot of uncertainty in the market, which may have influenced the decision to cut rates. This could be due to real rates rising as inflation decreases.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:59 pm

SPY

Federal Reserve Chairman Jerome Powell has indicated that there will be a time when it's appropriate to cut interest rates, according to Reuters. No specific timeline or conditions were mentioned.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:57 pm

SPY

Federal Reserve Chair Jerome Powell has stated that the decisions made at the last two meetings of the year will be based on the totality of data.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:54 pm

SPY

Federal Reserve Chair Jerome Powell has stated that confidence in economic decisions comes from having sufficient data. The current focus is on finding a stable level for economic indicators.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:54 pm

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