Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
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 dollar stablecoin does not need to become USDC
Chain games are defeated by reality, Web3 does not believe in dreams
Interpreting Aave V4: A Transformation from Product to "Bank"
Report on the Current Status of AI Payment Agreement Research: A New Paradigm of Payment in the Agent Economy
Really Can't Be Too Optimistic? Two Quantum Computing Papers on the Same Day Lower Bitcoin's Breakeven Barrier by Two Orders of Magnitude
Event Update | 2026 Hong Kong Web3 Carnival Peripheral Events Overview
Pentagon's Broker | Rewire News Evening Brief
Global Crypto Tax Trends in 2026: From Bitcoin ETFs to DeFi Compliance
Bitcoin's 2025 peak of $126K is gone, but your tax bill isn't. New IRS Form 1099-DA means no hiding trades. Discover 3 legal strategies to reduce liabilities and use WEEX's free tax tool to automate reporting.
Airdrops cannot make you rich, edgeX does not need a community
Artificial intelligence agents are about to take away Visa's market share
2026 Crypto Tax Rules: How Bitcoin Price Changes Affect Your Filing
BTC trades around $67,500 today. If you sold near $126,000 last year, you still owe tax on those gains, regardless of where the price is now. Here's what every trader needs to know this tax season.
OpenClaw 3.28 Update: Potential Security Risks with Axios
Key Takeaways Recent findings suggest OpenClaw version 3.28 may contain a compromised version of the Axios library. Dependency…
Steakhouse Financial Experiences Phishing Attack: A Comprehensive Overview
Key Takeaways Steakhouse Financial’s domain experienced a phishing attack, prompting user safety advisories. Depositors’ funds and smart contracts…
DeFi Risk Management in Turmoil: Gauntlet’s Bold Move Amidst Resolv Exploit
Key Takeaways Gauntlet, a leading DeFi risk manager, is engaging in full recovery efforts after Resolv Labs’ exploit.…
FTX/Alameda Wallet Transfers Over $8 Million in ZRO Tokens to Wintermute
Key Takeaways An FTX/Alameda-associated wallet moved 4.126 million ZRO tokens to market maker Wintermute, with an approximate value…
Analysis of Recent Ethereum Short Position Activity on HyperLiquid
Key Takeaways Recently, a newly created wallet deposited $4.89 million into HyperLiquid, opening a short ETH position with…
Only 43% ROI on $1, why are 87% of Polymarket traders in the red?
App