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From August 21 to 23, 2025, the global Central Bank annual meeting will be held in Jackson Hole, Wyoming, USA. Fed Chairman Powell will deliver a keynote speech on August 22, and the market is highly focused on his statement regarding the expectations for a rate cut in September.
Once again, officials are saying that there will be no interest rate cuts in September. Tonight at 10 PM, Powell will speak; let's see what he has to say. Currently, it seems that the Fed and Wall Street are not quite in sync!
The implementer does not want to cut interest rates, while traders believe it is necessary to cut interest rates, which is quite abstract!