The Federal Reserve has always followed a familiar script. Previously, it used this model to stir the currency and gold markets, adjusting expectations to real levels before exaggerating negative reports. Various markets then experienced sharp corrections and declines. After the interest rate decision is announced, the narrative shifts, and they start discussing future expectations, leading to a rapid market reversal, with Wall Street capturing the waves in between.

BlockBeats news, on July 27, amid increasing political pressure, changes in trade policy, and conflicting economic signals, Federal Reserve Chairman Powell and his colleagues will enter a policy meeting next week. This decision coincides with a rare data-intensive week— the U.S. government will consecutively release GDP, employment reports, and the Fed's core inflation metrics. Although the market generally expects the Fed to remain steady once again, this series of data may reshape the policy path. Economists predict that the U.S. Q2 GDP annualized growth rate to be announced next Wednesday is expected to reach 2.4% (a significant improvement from a contraction of 0.5% in the first quarter), but this is mainly due to a sharp narrowing of the trade deficit. The non-farm report for July, to be released on Friday, is expected to confirm that corporate hiring is becoming cautious. After a surge in employment in the education sector in June boosted the data, new job additions this month are expected to slow down, with the unemployment rate possibly rising slightly to 4.2%. The U.S. government's June personal income and spending report is expected to show a slight acceleration in the core inflation metric favored by the Fed, indicating that tariffs are gradually being passed on to consumers. (Jin Shi)