Federal Reserve Meeting Powell speech – FOMC Meeting

Investors Focus on Federal Reserve Meeting Chair Jerome Powell speech – FOMC Meeting at Jackson Hole.

An annual economic symposium in Jackson Hole is expected to kick off on Thursday, August 22, from 18:00 (GMT+6). The highlight of the event will be the speech by US Federal Reserve meeting Chairman Jerome Powell on Friday, August 23, from 20:00. What he says is expected to be confirmed by investors who are waiting for him to confirm that the Federal Open Market Committee will start easing its policy the following month. #FOMC

What to Expect from Federal Reserve meeting Powell’s Speech

Most market participants expect the Fed to ease policy at the September meeting, with the primary issue being how much easing the market will get. Money markets are now pricing in less than 100 bps of rate cuts this year, spread over three meetings in September, November, and December. Just two weeks ago, investors were pricing in over 125bps of cuts due to recession fears. Now, there is a 25% chance for a 50 bps rate cut next month. #federal reserve meeting #fed meeting

### Impact on the US Dollar and Gold

Its drop for the fourth week in a row weakened the US dollar to nearly a one-month low, so gold soared to new highs above $2500. Any inclinations of Powell for a greater rate cut in September will further weigh on the US dollar, boosting the European currency and also providing further gains to indices and gold. #xauusd

### Key Trading Pairs and Indices to Watch

Here are the main currency pairs and indices to keep an eye on:

– **EUR/USD**
– **GBP/USD**
– **AUD/USD**
– **NZD/USD**
– **USD/CHF**
– **USD/CAD**
– **XAU/USD** (Gold)
– **XAG/USD** (Silver)
– **US30** (Dow Jones Industrial Average)
– **US100** (Nasdaq 100)
– **US500** (S&P 500)

### Conclusion

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**#JacksonHoleSymposium #JeromePowell #FedRateCut #USD #Gold #ForexTrading #Investing #MarketAnalysis**