"Finally, the interest rate will be cut! Are good days coming?"

Just now, Powell finally said that the time for policy adjustment has come, and what is rare is that he is no longer playing Tai Chi as before, but always taking a dovish tone. There is a high probability that interest rates will be cut in September! Suddenly, Master Bao looks much more handsome!

Here are some key points of the speech - the "strongest voice" for interest rate cuts

1. Interest rate guidance: The time for policy adjustment has come, and the direction of policy is clear. The timing and pace of interest rate cuts will depend on the balance of data, prospects and risks.

2. Inflation outlook: Confidence in the return of inflation to 2% has increased.

3. Job market: The labor market seems unlikely to be a source of rising inflationary pressure in the short term; further cooling of the labor market is not sought or welcomed.

4. Risk balance: The upside risk of inflation has weakened, and the downside risk of employment is also increasing.

5. Market impact: The market regards Powell's remarks as "the strongest signal of interest rate cuts so far." Spot gold's 15-minute short-term volatility reached $20, and the U.S. dollar index DXY fell below 101.

Market impact:

Market sentiment has clearly improved, BTC broke 62,000, and U.S. stocks opened higher. However, I would like to remind everyone that this does not mean that the water in the market will rise immediately, this is just an expected change. In particular, we must be wary of dealers taking advantage of the high sentiment in the market, so it is not recommended that you directly use large leverage to chase high prices.