🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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Analysis: Powell's speech tonight may not necessarily imply a policy shift, but it could open the door for a 25 basis point rate cut.
On August 22, Christoph Rieger, head of interest rate and credit research at Deutsche Bank, stated in a report that Fed Chair has previously used the Jackson Hole symposium to convey significant changes in policy guidance, but this is unlikely to occur this year. Rieger said: "Although we expect that compared to previous guidance, where the Fed is waiting for more data, Powell's statement this time will not see a significant shift, it would be reasonable to keep the door open for a 25 basis point rate cut in September." ( Jin10 )