Federal Reserve Chairman Powell is coming out to speak!

At 8:30 PM Beijing time on July 22, he will attend a meeting on bank regulation, and he will definitely say a lot of important things. Everyone knows that when this guy speaks, the global financial markets tremble, so this speech is definitely one to pay close attention to.

This meeting mainly discusses bank capital regulation, which is essentially about how much money banks should keep to prevent risks. The current economic situation is not very stable, and the Federal Reserve has been slow to lower interest rates, so everyone is waiting to see if Powell will reveal any new information. If he hints at a policy shift, the stock market and exchange rates will likely react. Therefore, for those who trade stocks, deal in foreign exchange, or invest, it's best to stay alert and not miss any important signals.