Powell May Announce Interest Rate Cut Cycle Starting in September Tonight; Market Focuses on Cut Size and Potential Impact
Publication Time:2024-08-23 15:51:09
Federal Reserve Chairman Powell is scheduled to give remarks on economic outlook at the Jackson Hole Central Bankers Meeting tonight at 22:00. The market is highly anticipating that he will announce the start of an interest rate cut cycle in September. Although the specific cut size remains uncertain, especially whether a 50 basis points option is being considered, market participants are closely watching for any clear signals from Powell. Given that Powell may approach this cautiously, market volatility could increase. Investors need to stay alert and manage related risks carefully.
Market Expectation
Powell
September
Interest Rate Cut Cycle
Economic Outlook
Jackson Hole Central Bankers Meeting
cut size
potential impact