Firmly believe that interest rates will be cut in September 📉, but tonight's speech by Powell is crucial:

1️⃣ The tone must be hawkish 🦅, the independence of the Federal Reserve must be upheld

2️⃣ Need to prove that there is no recession risk in the U.S. economy 📊

If the independence of the Federal Reserve causes panic in the market 😱, or if the risk of economic recession is confirmed 📉, then even if rates are cut, there won't be much of a benefit 💔

Tonight the market will have a good show, just sit back on the couch and wait for the live broadcast 🍿#美联储7月会议纪要