CoinVoice has recently learned, according to Jin Shi reports, that Patrick Munnelly, a market strategist at Tickmill Group, stated that the Jackson Hole Symposium, which is set to open on Friday, will be a key moment for the market, during which Federal Reserve Chairman Powell will outline the Fed's short-term policy direction.
However, the differing opinions of Trump and Besant may add noise, which could stem from ongoing discussions surrounding the Fed's appointments, potential legal challenges, and changes in the labor market report. Munnelly added that the minutes from the July FOMC meeting, released on Wednesday, may provide valuable clues to bridge the differences in interest rate outlook. [Original link]