PANews reported on August 23rd that for most of this month, Wall Street traders flocked to the stock and bond markets, betting that the Federal Reserve was finally ready to start cutting interest rates again. The only thing they were waiting for was the green light from Fed Chairman Powell to maintain this round of gains. They got their wish on Friday, when Powell took a dovish stance in a highly anticipated speech, triggering the largest cross-market rally since April. The cryptocurrency market was boiling, and the price of Ethereum hit a nearly four-year high. Gold rose 1%. Here are the key points that the market will focus on in the new week: At 03:15 on Tuesday, Logan, the 2026 FOMC voting member and President of the Dallas Fed, delivered a speech and participated in a panel discussion at the 100th anniversary conference of the Banco de Mexico. At 7:15 a.m. on Tuesday, FOMC permanent voting member and New York Fed President John Williams delivered a keynote speech at the Banco de Mexico 100th Anniversary Conference. Tuesday at 22:00, the U.S. Conference Board Consumer Confidence Index for August and the U.S. Richmond Fed Manufacturing Index for August; At 00:45 on Thursday, Barkin, a 2027 FOMC voting member and president of the Richmond Fed, delivered a speech; At 20:30 on Thursday, the revised annualized quarterly rate of real GDP in the second quarter of the United States will be released; At 06:00 on Friday, Federal Reserve Board Governor Waller will deliver a speech on monetary policy; At 20:30 on Friday, the annual rate of the U.S. core PCE price index in July, the monthly rate of personal spending in July, and the monthly rate of the U.S. core PCE price index in July will be released. Looking ahead to the US dollar index, downward pressure on the greenback is expected to persist as labor market data becomes a primary focus for the Federal Reserve and market participants almost fully anticipate a rate cut next month. Unless future employment reports significantly alter the outlook, the US dollar index is expected to remain under pressure, particularly against currencies supported by more hawkish central banks. While a rate cut may be imminent for investors, the path forward for subsequent easing is far from straightforward, and uncertainty surrounding the policy outlook is becoming a new focal point.PANews reported on August 23rd that for most of this month, Wall Street traders flocked to the stock and bond markets, betting that the Federal Reserve was finally ready to start cutting interest rates again. The only thing they were waiting for was the green light from Fed Chairman Powell to maintain this round of gains. They got their wish on Friday, when Powell took a dovish stance in a highly anticipated speech, triggering the largest cross-market rally since April. The cryptocurrency market was boiling, and the price of Ethereum hit a nearly four-year high. Gold rose 1%. Here are the key points that the market will focus on in the new week: At 03:15 on Tuesday, Logan, the 2026 FOMC voting member and President of the Dallas Fed, delivered a speech and participated in a panel discussion at the 100th anniversary conference of the Banco de Mexico. At 7:15 a.m. on Tuesday, FOMC permanent voting member and New York Fed President John Williams delivered a keynote speech at the Banco de Mexico 100th Anniversary Conference. Tuesday at 22:00, the U.S. Conference Board Consumer Confidence Index for August and the U.S. Richmond Fed Manufacturing Index for August; At 00:45 on Thursday, Barkin, a 2027 FOMC voting member and president of the Richmond Fed, delivered a speech; At 20:30 on Thursday, the revised annualized quarterly rate of real GDP in the second quarter of the United States will be released; At 06:00 on Friday, Federal Reserve Board Governor Waller will deliver a speech on monetary policy; At 20:30 on Friday, the annual rate of the U.S. core PCE price index in July, the monthly rate of personal spending in July, and the monthly rate of the U.S. core PCE price index in July will be released. Looking ahead to the US dollar index, downward pressure on the greenback is expected to persist as labor market data becomes a primary focus for the Federal Reserve and market participants almost fully anticipate a rate cut next month. Unless future employment reports significantly alter the outlook, the US dollar index is expected to remain under pressure, particularly against currencies supported by more hawkish central banks. While a rate cut may be imminent for investors, the path forward for subsequent easing is far from straightforward, and uncertainty surrounding the policy outlook is becoming a new focal point.

Next week's macroeconomic outlook: Don't be too crazy about rate cuts, don't be too panic about PCE

2025/08/23 20:41

PANews reported on August 23rd that for most of this month, Wall Street traders flocked to the stock and bond markets, betting that the Federal Reserve was finally ready to start cutting interest rates again. The only thing they were waiting for was the green light from Fed Chairman Powell to maintain this round of gains. They got their wish on Friday, when Powell took a dovish stance in a highly anticipated speech, triggering the largest cross-market rally since April. The cryptocurrency market was boiling, and the price of Ethereum hit a nearly four-year high. Gold rose 1%. Here are the key points that the market will focus on in the new week:

At 03:15 on Tuesday, Logan, the 2026 FOMC voting member and President of the Dallas Fed, delivered a speech and participated in a panel discussion at the 100th anniversary conference of the Banco de Mexico.

At 7:15 a.m. on Tuesday, FOMC permanent voting member and New York Fed President John Williams delivered a keynote speech at the Banco de Mexico 100th Anniversary Conference.

Tuesday at 22:00, the U.S. Conference Board Consumer Confidence Index for August and the U.S. Richmond Fed Manufacturing Index for August;

At 00:45 on Thursday, Barkin, a 2027 FOMC voting member and president of the Richmond Fed, delivered a speech;

At 20:30 on Thursday, the revised annualized quarterly rate of real GDP in the second quarter of the United States will be released;

At 06:00 on Friday, Federal Reserve Board Governor Waller will deliver a speech on monetary policy;

At 20:30 on Friday, the annual rate of the U.S. core PCE price index in July, the monthly rate of personal spending in July, and the monthly rate of the U.S. core PCE price index in July will be released.

Looking ahead to the US dollar index, downward pressure on the greenback is expected to persist as labor market data becomes a primary focus for the Federal Reserve and market participants almost fully anticipate a rate cut next month. Unless future employment reports significantly alter the outlook, the US dollar index is expected to remain under pressure, particularly against currencies supported by more hawkish central banks. While a rate cut may be imminent for investors, the path forward for subsequent easing is far from straightforward, and uncertainty surrounding the policy outlook is becoming a new focal point.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Here’s What XRP Requires to Reach $100, According to a Financial Strategist

Here’s What XRP Requires to Reach $100, According to a Financial Strategist

Amid persistent discussions around the potential for XRP to reach greater heights, one market pundit has revealed what needs to happen for this to occur. Notably, while XRP continues to struggle at $3, certain market commentators have pushed for higher prices, especially ranging from $100 to $10,000.Visit Website
Share
The Crypto Basic2025/09/18 14:08
Tesla to offer self-driving software only on monthly basis from February 14, Musk says

Tesla to offer self-driving software only on monthly basis from February 14, Musk says

Currently, Tesla allows its electric vehicle owners to purchase Full-Self-Driving (Supervised) for a one-time payment of $8,000 or a subscription of $99 per month
Share
Rappler2026/01/14 16:32