Tonight's meeting has many aspects that beginners may not understand; I will summarize and provide some recommendations!
Tonight's Federal Reserve meeting (Jackson Hole Symposium) is the focus of market attention, and Powell's speech will have a key impact on short-term and medium-term market expectations. Based on the latest information, we will analyze from several core dimensions:
1. Background of the meeting and policy expectations
Market consensus on interest rate decisions
Market expectations for a rate cut in September have risen to
99.9%
, but the minutes from the July meeting show that there are divisions within the Federal Reserve — two board members (Waller, Bowman) support a 25 basis point rate cut, while the majority believe that inflation risks still outweigh employment concerns. This division may lead Powell to maintain a