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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?

To: rimshot who wrote (255)	2/10/2021 3:31:55 PM
From: rimshot	Respond to of 1118

Fed Chair Powell speaking Wednesday February 10, 2021: 1. U.S. a long way from full employment 2. Unemployment in practical terms around 10% 3. Need fiscal and monetary support 4. Fed not thinking about tapering assets 5. No sustained rise in inflation seen Fed Chair Powell reiterated the Fed's dovish monetary policy stance in his latest speech on the labor market. Mr. Powell said the central bank will maintain its lower rate targets until the U.S. meets the Fed's employment and inflation goals, and it will not tighten policy solely in response to a strong job market. In addition, the Fed will maintain its $120 billion in asset purchases per month.