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SPY

Federal Reserve Chairman Jerome Powell stated that the effects of the Fed's policy tightening are visible in the housing and investment sectors.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:41 pm

SPY

Federal Reserve Chairman Jerome Powell stated that inflation expectations appear to be well anchored, indicating that the central bank's policy framework is working effectively. This statement may have a positive impact on the overall market sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:36 pm

SPY

Fed Chair Powell stated that inflation has moderated somewhat, but inflation pressures continue to run high. He also mentioned that getting inflation back to 2% has a long way to go.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:35 pm

SPY

Federal Reserve Chairman Jerome Powell stated that inflation remains well above the 2% target, causing concerns about the potential for tighter monetary policy.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:35 pm

SPY

Federal Reserve Chair Jerome Powell stated that there are signs of supply and demand in the labor market coming into better balance, but labor demand still substantially exceeds the supply of workers.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:34 pm

SPY

Federal Reserve Chair Jerome Powell stated that most policymakers expect subdued growth to continue, while the labor market remains very tight. This may impact the overall market, including the SPY ETF.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:34 pm

SPY

Federal Reserve Chair Jerome Powell stated that the housing sector's activity remains weak, despite the overall economic recovery.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:33 pm

SPY

Federal Reserve Chairman Jerome Powell stated that the full effects of the central bank's tightening measures have not yet been felt. This suggests that the market may continue to experience volatility as the Fed's policies take effect.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:33 pm

SPY

Federal Reserve Chair Jerome Powell stated that nearly all policymakers believe some further rate hikes this year are appropriate. This may impact the stock market and ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:32 pm

SPY

Federal Reserve Chair Jerome Powell emphasized that without price stability, a sustained strong labor market cannot be achieved.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 6:32 pm