Analysis: Mixed Feelings Economic Data May Force Powell to Strike a Balance in Tonight's Speech
BlockBeats News, August 22: Federal Reserve Chairman Powell is set to speak at the Jackson Hole Annual Economic Symposium at 10 p.m. Beijing time on Friday. Currently, the Fed is facing unprecedented political pressure from the U.S., but mixed economic data may force Powell to take a middle-of-the-road stance, leaving key issues unresolved.
On interest rate policy, some analysts expect a middle-ground approach. Powell may open the door to a rate cut in September to acknowledge the need for further easing due to weak job growth, but will not make more commitments until policymakers are more confident that the rising inflation is temporary. This stance may not satisfy Trump—who advocates for rates to be cut significantly to around 1%—or investors betting on multiple rate cuts this year, although market confidence in a September rate cut has already wavered. (Golden Finance)
You may also like

Vitalik wrote a proposal teaching you how to secretly use AI large models

On the eve of the explosion of on-chain options

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

Why is OpenAI playing catch-up to Claude Code instead?

Vitalik wrote a proposal teaching you how to secretly use AI large models

The doubling of Circle's stock price and the paradigm shift of stablecoins

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.