RT @tongjun88: Telling my fellow crypto enthusiasts what Powell said:
Powell "pushed the door open but didn't walk in." Assuming the current data trajectory doesn't significantly reverse, the chances of a small rate cut in September are high; however, whether a "continuous rate cut" will begin depends entirely on the two "midterm exams" of August employment and PCE/CPI.
Upcoming important timelines:
August 29: July PC...