Powell to Deliver Speech on Friday Evening, Some Traders Lower Rate Cut Expectations
BlockBeats News, August 20: Federal Reserve Chairman Powell is scheduled to deliver a key speech at this year's gathering in Wyoming on Friday evening Beijing time. Meanwhile, the latest release of higher-than-expected inflation data has led some traders to lower their interest rate cut expectations, while still maintaining the judgment of a rate cut next month.
Ian Lyngen, head of U.S. Rate Strategy at BMO Capital Markets, stated in a research report that "as the market prepares for Powell's speech at Jackson Hole, the biggest risk facing the Treasury market is: Fed Chair may pour cold water on the market's widespread expectation of a rate cut in September."
Currently, about 325,000 options positions (costing about $10 million) stand to make a profit of up to $100 million if they correctly predict a 50 basis point rate cut by the Fed at the September policy meeting. In addition, current market pricing indicates an approximately 80% probability of a 25 basis point rate cut at the September 16-17 meeting. (FXStreet)
You may also like

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report

How to Deal with Trump? Accept this "Art of the Deal Playbook"

AI Computing Power Arms Race Intensifies: This Startup Aims to Mine Bitcoin in Space

Claude Code launches the /btw feature, Musk X Money set to launch soon, what's the English community talking about today?

Polymarket Arbitrage Bible: The Real Edge is in the Math Infrastructure

What Is OpenClaw? How The AI Agent Could Automate Crypto Trading Through APIs
OpenClaw is a rapidly growing AI agent on GitHub that can automate tasks and even execute crypto trades through exchange APIs. Learn how OpenClaw works, how it connects to exchanges, and the risks traders should understand before using AI trading agents.

Morning News | Tencent is building an AI intelligent entity for WeChat; Meta announces acquisition of Moltbook; Nvidia plans to launch the AI agent open-source platform NemoClaw

NVIDIA's Jensen Huang's new article: The "Five-Layer Cake" of AI

In-depth Analysis of ERC-8183: The Answer to the Trust Issue of Ethereum-Powered AI Agents

Stock Tokenization Revolution: Market Dynamics, Product Architecture, and Regulatory Moat Panorama Report

The current Lobster Skill is just yesterday's Fruit Ninja, only meant to get you acquainted.

Key Market Intelligence on March 10th, how much did you miss out on?
