X @外汇交易员

Market Expectations & Policy Stance - The market interprets Fed Chair Powell's remarks as a shift in policy focus from "controlling inflation" to "protecting employment" [1] - Market participants have increased bets on a September rate cut by the Federal Reserve, with the probability rising from 65% to 85% [1] - The market has fully priced in expectations for two rate cuts by the end of the year [1] Market Reaction - US stocks experienced a broad rally, with the S&P 500 rising by over 150 basis points (1.5%), ending a five-day losing streak [1]