Nowadays

CN
Rocky
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4 hours ago

Nowadays, with the U.S. government shutdown, the market can only be influenced by Chuan Chuan and Bao Bao! Last Friday, Chuan Chuan just made a move, and tonight Bao Bao is going to show his power! 🧐

On October 14 at 12:20 PM Eastern Time (which corresponds to 1:20 AM Beijing Time on October 15), Powell will deliver a speech at the National Association for Business Economics in Philadelphia. This will be his first public appearance since last month's FOMC meeting, and we investors will closely monitor his statements for clues about the direction of interest rate policy.

If Powell focuses on the labor market, investors will interpret this as a signal for one to two more rate cuts before the end of the year. If he tends to emphasize the persistence of inflation, it would mean that the threshold for further easing is higher, suggesting that the Federal Reserve may pause rate cuts at the policy meeting on October 29.

Let's wait and see, the bets on #Ploymarket are already out!

So which side are you betting on? 🤯🤯

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