Good morning friends🙋‍♂️

Today at 17:00, #FED# president will give a speech at the #Powell# Jackson Hole Economic Policy Symposium.

Powell's speech is being closely monitored by financial markets, particularly regarding whether the Fed will provide signals about its future interest rate policy.

Expectations regarding a possible interest rate cut in September have decreased. It is believed that Powell is likely to adopt a more cautious stance.

It is also thought that the conversation could be an important turning point in the Fed's roadmap regarding inflation, employment, and monetary policy.

It will be a volatile day, especially before and after the speech, so stay away from risky trades as much as possible.

In my personal opinion, the conversation will be in the usual neutral tone that we are accustomed to, without providing clear information.

📌Will not give a clear commitment to a rate cut, but will convey the message that "rate cuts are approaching."

📌"We are data-driven" will be emphasized again.

📌It will particularly emphasize the independence of the Fed.

📌It will be balanced and calm in tone; it will neither overly excite the markets nor scare them sharply.

So in summary:✍️
My expectation is that Powell's speech today will create short-term volatility in the market but will be perceived as "balanced" rather than being very "dovish" in favor of ( rate cuts.

Of course, it would be great if they definitely said there would be an interest rate cut in September, but they won't do us this favor 😀