Friday could be a decisive moment, Powell will deliver a speech at the Jackson Hole Economic Policy Symposium.
How the FED responds to last week's very significant PPI data will determine whether this correction is over or will continue longer.
If the FED still projects a rate cut, then the market could rebound, but if Powell indicates no cuts this year or even adopts a hawkish tone, then the correction could continue.
Adjust your strategy in any conditions
