Recently, the Federal Reserve announced that it would maintain the current interest rate level, marking the fifth consecutive time the benchmark rate has been held in the range of 5.25%-5.50%. Since July 2023, the Fed has kept the interest rates at this high level and has not yet provided a specific timetable for rate cuts.

The outcome of this decision aligns with market expectations, thus having a limited direct impact on the financial markets. However, investors and analysts are now turning their attention to the upcoming speech by Fed Chairman Powell, hoping to gain more insights into the future direction of monetary policy.

Powell's remarks will be a key factor influencing market trends. If his stance is hawkish, suggesting that the high Intrerest Rate policy will be maintained, it may exert some pressure on risk assets. Conversely, if his speech reveals signals that a rate cut may begin in September, the financial markets are likely to respond positively, triggering a wave of bullish momentum.

During this period of uncertainty, global investors are closely monitoring every move of the Fed to adjust their investment strategies in a timely manner. Regardless of the final outcome, the decisions made by the Fed will have a profound impact on the global economic landscape.