It is also expected that the Fed will keep the interest rate unchanged at 5.5%. Next, it depends on Powell's speech. Now the market has begun to expect a 25% or 50% interest rate cut in September. I think 25% should be about the same.
I hope not to hear similar remarks as the following, such as the CPI 5.4% in July 21, "Inflation is only temporary and will soon fall. We will not raise interest rates!" For example, the CPI 3% in July 24, "Inflation is still too high! No interest rate cuts are considered for the time being." Really stupid, I am better than Powell
