CoinVoice latest news, according to Jin10 reports, Wall Street is focusing on the speech of Federal Reserve Chairman Powell on Friday. Analysts point out that Powell may acknowledge the possibility of a rate cut in September, but will not provide a specific timetable for the rate cut, as the Federal Reserve has not yet grasped all the data. The decision will depend on next month's August employment data and CPI readings. Several analysts believe that Powell may not signal aggressive rate cuts and will still prioritize inflation over job growth.
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CoinVoice latest news, according to Jin10 reports, Wall Street is focusing on the speech of Federal Reserve Chairman Powell on Friday. Analysts point out that Powell may acknowledge the possibility of a rate cut in September, but will not provide a specific timetable for the rate cut, as the Federal Reserve has not yet grasped all the data. The decision will depend on next month's August employment data and CPI readings. Several analysts believe that Powell may not signal aggressive rate cuts and will still prioritize inflation over job growth.