🔥🔥🔥Five-star major event, legendary night is coming❗️
Powell delivered a heavy speech, "interest rate cut boots" are about to land?
At 10 o'clock tonight, the financial market will usher in a critical moment, and all eyes will be on the speech of Federal Reserve Chairman Powell at the Jackson Hole Global Central Bank Annual Meeting. Market sentiment and trends are expected to fluctuate closely with his remarks.
The market generally expects that Powell will express concerns about the uncertainty in the job market and may reveal clues about future interest rate cuts, which may be interpreted as a positive signal by the market. However, if Powell's speech is more hawkish than expected, the market may be shocked.
Investors generally expect the Federal Reserve to take interest rate cuts on September 18, but the final reaction of the market will depend on Powell's specific statement. Let's pay close attention to every word of the head of the Federal Reserve, because it will directly affect the future direction of global financial markets.
Traders are holding their breath and preparing to adjust their trading strategies based on Powell's speech. The market has digested the expectation of interest rate cuts and is more concerned about whether it will be a 25% or 50% cut. If Powell continues to take a dovish stance, $BTC may see a big waterfall ❗️ ❗️ ❗️