
Phyrex|Aug 17, 2025 15:31
Friends should ask about next Friday's Jackson Hole Global Central Bank Annual Meeting, where Powell will deliver a speech on the US economy. Theoretically, it may involve changes in US interest rates in September or even longer, and now everyone is waiting.
I heard a saying that if Powell makes dovish remarks at Jackson Hole, the market may fall because the market has already expected a rate cut in September. If Powell confirms the rate cut, then the market's good news will come to fruition and investors will sell the news.
However, if Powell does not choose to release his final opinion or continue to be hawkish, especially the latter, the market will also fall, because it is known that Trump and Powell are only 3:9 in the fight for the Federal Reserve's vote committee, and even if Williams is added, it is 4:8, whether to cut interest rates or not depends on the middle.
So are both good and bad things falling? I don't think so. First of all, if Powell turns into a dove, it means that the market will play a game with the Federal Reserve to enter the process of continuous interest rate reduction, that is, the 1% interest rate Trump hopes. Although unlikely, it does meet the expectations of Trump and the market.
So even if Sell the news is available, it will not change the possibility that the market will increase the game against Trump. When it appears, I will go long. If Powell continues to remain hawkish, it will still be troublesome, and we will have to wait until the September interest rate meeting to see if there will be a rate cut and a dot matrix.
This article is sponsored by Bitget | @ Bitgetzh
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