Analysts predict that Powell's speech may remain cautiously silent

ChainCatcher news, according to Jinshi reports, Wall Street's attention is focused on Federal Reserve Chairman Powell's speech on Friday. Analysts point out that Powell may acknowledge the possibility of a rate cut in September, but will not provide a specific timeline for the cut, as the Federal Reserve has not yet grasped all the data. Decisions will depend on next month's August employment data and CPI readings. Several analysts believe that Powell may not signal aggressive rate cuts and will continue to prioritize inflation over job growth.