Over the next two days, keep a close eye on the Fed's two speeches. Bowman will speak first tonight at 9:00 PM, and the market generally anticipates little excitement. The real highlight will be tomorrow at 12:35 AM, when Powell makes his first public appearance since the rate cut, which will likely set the tone for future market trends.
Many investors are betting on 25 basis point cuts in both October and December, and institutions are predicting that Powell will repeatedly emphasize "gradual rate cuts," ultimately prioritizing stability.
While his remarks are likely to be dovish (often referred to as "dovish"), the path to rate cuts will undoubtedly be uneven, and short-term market volatility is inevitable. Avoid chasing the market's gains and losses; instead, capitalize on the opportunity to buy low and sell high.
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