According to BlockBeats, on August 1, Priya Misra, a portfolio manager at JPMorgan Asset Management, stated that investors are eagerly awaiting comments from Federal Reserve Chair Jerome Powell. They are particularly interested in understanding what factors could increase the Fed's confidence and the extent to which monetary policy should be restrictive.
The Federal Reserve's recent statement has left options open, but upcoming data will play a crucial role in determining whether a rate cut in September is feasible.