Powell spoke on August 13,

The September rate cut will determine the outcome! Can it be finalized?

The seminar provides Powell with an opportunity to assess the trajectory of the US economy and the outlook for monetary policy between the Fed's July and September policy meetings.

Last month, he said that if inflation and the labor market continue to cool, a rate cut may be considered at the next meeting.

Powell's speech has a significant impact on market expectations,

and may also indirectly affect people's financial arrangements.

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