Powell tonight or “official announcement” in September to open the rate cut cycle

Powell will be in Jackson Hole tonight at 22:00 in the central bank's annual meeting on the economic outlook, the market is certain that it will be “official announcement” in September to open the interest rate cut cycle, the focus shifted to the option of cutting interest rates by 50 basis points is still on the table, and Powell may be silent on this. At that time, the market is afraid of violent fluctuations, investors are advised to pay attention to the relevant risks.