Initially, the meeting looked like the FED and Powell were very hawkish, but later it showed that there was a change and subsequent rotation of the FED, which the Dot Plot table showed, so to some extent The FED and Powell are not too hawkish, just a little bit hawkish, but the outlook is dovish.

And it is still unclear whether the FED will actually only cut interest rates once this year or not. Investors are predicting that the FED will cut interest rates this September, but if economic data continues to be bad with the labor market softening and inflation falling, who knows, maybe the FED will have another cut next year? end of the year?

Investors will continue to wait for weekly PPI Inflation and Unemployment Benefits data at 7:30 p.m. tonight.

If PPI data decreases and unemployment benefits increase, this will be a good signal for the prospect of interest rate cuts that investors are expecting. => The market increased again. And if it's the other way around then...