Why did Powell's speech at the Jackson Hole 2025 summit today trigger market fluctuations? 🚨
The Jackson Hole Economic Symposium is a prestigious annual conference lasting three days, hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming.
🇺🇸 Powell's speech: Federal Reserve Chairman Jerome Powell is scheduled to speak on Friday, August 22, 2025, at 10 AM Eastern Time (around 10 PM Beijing Time).
Why is it important?
The Federal Reserve Chair often uses this opportunity to signal significant policy shifts regarding interest rates, inflation, or liquidity → signals.
Essentially, it's like the "Oscars of monetary policy" — the market eagerly anticipates it because a single word from Powell can influence the movements of global stocks, bonds, and Bitcoin.
💰 Market reactions over the past 5 years:
👉 2021: The market reacted positively as the Fed maintained an accommodative stance.
👉 2022: The Fed took a hawkish stance amid high inflation, leading to a sharp decline in the stock and cryptocurrency markets.
👉 2023: The market saw a slight increase due to signals of progress on inflation and the Fed's cautious stance.
👉 2024: The market reacted variably due to uncertainties surrounding interest rate changes.
👉 2025 (so far): The market reacted negatively ahead of this event due to concerns over tightening policies and expectations regarding Chairman Powell's speech. $BTC $ETH $SOL #BNB创新高 #名人MEME热潮 #美联储7月会议纪要