Odaily星球日报讯 分析师 Anna Wong 表示，鲍威尔的表态听起来相当鸽派。到目前为止，他没有阻止对 9 月 50 个基点降息的押注，没有表示降息应该逐步进行，也没有像他的同事们那样使用“有条不紊”这个词来描述可能的降息路径。（金十）

分析师：鲍威尔没有阻止对9月50个基点的押注

Odaily Odaily analyst Anna Wong said that Powell&#39;s statement sounded quite dovish. So far, he has not stopped betting on a 50 basis point rate cut in September, has not said that the rate cut should be gradual, and has not used the word &quot;methodical&quot; to describe the possible path of rate cuts like his colleagues. (Jinshi)

Analyst: Powell did not stop betting on 50 basis points in September

Odaily Planet Daily Report: Felipe Villarroel, portfolio manager at TwentyFour Asset Management, stated that due to the possibility of Federal Reserve Chairman Powell speaking in a "calm tone" in his highly anticipated Jackson Hole speech today, US Treasury yields may rise slightly. The cooling of the US labor market has led to bets on aggressive rate cuts, and Powell may refute this. Villarroel said: "The market expects a 100 basis point rate cut this year, but considering the current data, this seems a bit excessive." He expects a 50 basis point rate cut in September, rather than 25 basis points. "The economy and the labor market are slowing down, but they are still in good shape."

Powell is expected to calm the market and support US Treasury yields

Odaily reported that Federal Reserve official Harker stated that it is currently impossible to say whether they will support a 25 or 50 basis point rate cut, as they need more data. He declined to comment on the market's pricing of the Federal Reserve's actions, and said that the direction of the Federal Reserve's actions is more important than the magnitude.

Fed's Harker: Can't say whether to support 25 basis points or 50 basis points rate cut

According to market analyst Liz McCormick, bond and stock investors are betting that Powell will act cautiously in his upcoming Jackson Hole speech. Except for a few exceptions, this meeting is not a major event that will impact the market. Strategists at JPMorgan and Deutsche Bank expect bond yields to move moderately during the meeting, while options traders are betting on a slight market fluctuation in the coming days. Data compilation shows that over the past decade, the average fluctuation in the 2-year and 10-year US Treasury yields has been less than 4 basis points, and the average fluctuation in the S&P 500 index has been around 1.3%. However, market volatility is not impossible: two years ago, Powell delivered a hawkish speech, warning investors that the fight against inflation would bring "pain" to households and businesses, which shocked the market.