The Federal Reserve's Jackson Hole annual meeting is approaching! As the centerpiece of global central banks, this conference has always captivated countless investors. This year, there is a special highlight - Federal Reserve Chairman Powell will attend for the last time.
The market's attention has long been locked in, and everyone is guessing: Will Powell take this opportunity to reveal a rate cut signal for September? After all, whether or not to cut rates directly affects many people's investment strategies. Of course, some are concerned that hawkish figures may strongly counterattack at the meeting, dousing the market with cold water. In any case, every move at this annual meeting is worth investors' careful attention.
On the eve of the meeting, the Fed's Bostic has already released some hints. On August 21, he clearly stated that there is a high probability of another rate cut this year. He emphasized that when the Fed takes action, the policy direction must remain consistent. As for the specific timing and details? Bostic also mentioned that predicting this matter always changes with the situation.
On one side is the suspenseful annual meeting, and on the other is the signals released by officials. The upcoming market direction is likely to become lively following these 'signs of the wind.'