From August 21 to 23, 2025, the global central bank annual meeting will be held in Jackson Hole, Wyoming, USA. Federal Reserve Chairman Powell will deliver a keynote speech on August 22, and the market is highly attentive to his stance on the expectation of a rate cut in September.

Officials have begun to state that there will be no rate cut in September. Tonight, Powell will speak at 10 PM; let's see what he has to say. Currently, it seems that the Federal Reserve and Wall Street are not very synchronized!

The implementers do not want to cut rates, while traders believe it is necessary to cut rates, which is quite abstract!