[Global attention! Bitcoin circles are closely watching the Jackson Hole event, and Powell's speech has become the focus] 🎉
This week, the cryptocurrency community and even the global market have gathered their attention and locked on the Jackson Hole conference held in Wyoming, USA from August 22 to 24! 🌄 This is not only a financial feast, but also a stage for in-depth discussion of monetary policy.
The theme is "Reassessing the effectiveness and transmission mechanism of monetary policy", and the words reveal the breath of change. 🔍 In this event of collision of ideas, the speech of Federal Reserve Chairman Powell is undoubtedly the focus of everyone's attention! 🎤
The market's heartbeat accelerated, and they speculated that Powell would unveil the interest rate cut plan on August 23, and promised that this would be an "orderly" interest rate cut journey. 📉 The general vane points to September, predicting that Powell will lead the interest rate cut by 25 basis points, rather than the more radical 50 basis points.
UBS's economic think tank even threw out a prediction bomb, believing that Powell will lay out a blueprint for gradually withdrawing from tight monetary policy in his speech, and may press the 25 basis point interest rate cut button at three Federal Open Market Committee meetings in the next year - the time is locked in September, November and December 2024. 📅
Bloomberg economists played the "moderation" game, expecting Powell to release a "just right" interest rate cut signal, but keep the 50 basis point move mysterious, leaving enough room for imagination. 🔍 Looking back at this time last year, Powell made a resounding statement at the Jackson Hole Conference, vowing that the Fed will do whatever it takes to raise interest rates and keep them high until inflation falls back to the target range of 2%. 💼
All of this makes this year's Jackson Hole Conference full of unknown variables and expectations! Let us wait and see how Powell will stir up the financial storm with the power of words! 🌪️ #杰克逊霍尔年会 #美国CPI数据连续第4个月回落 #美国7月PPI低于预期