Powell's speech was as we expected, he has been a bit verbose, there's not enough space here, just take a look at the key points in the image, I won't elaborate too much, I'm too tired 🥱, going to sleep, good night 😴! #鲍威尔说了什么 #美联储降息周期

After this interest rate cut, the market and the Fed's dot plot show that almost all expectations for September have been broken, raising the median interest rate expectation and inflation. The number of rate cuts in 2025 has directly decreased by half, from 4 to 2, reflecting the issue of sticky inflation. (This does not rule out paving the way for Trump's strong dollar policy during his tenure and responding to the implementation of new policies.) My personal interpretation is bearish. I estimate that Powell's speech will also be hawkish, and after the speech ends, I will compile the statistics and release them!