The upcoming Global Central Bank Annual Meeting, scheduled to be held from August 21 to 23, 2025, in Jackson Hole, Wyoming, is attracting widespread attention. Among them, the keynote speech by Fed Chairman Powell, set for August 22, has become the market focus, with investors particularly interested in his views on the potential interest rate cut decision in September.

Recently, some Fed officials have begun to hint that there may not be a rate cut in September, which sharply contrasts with Wall Street's general expectations. Currently, there seems to be a cognitive gap between Fed decision-makers and market participants: the decision-making body tends to favor the status quo, while traders believe that a rate cut is imperative.

This divergence reflects the complexity of the current economic situation. On one hand, inflationary pressures still exist; on the other hand, concerns about economic growth are also increasing. How Powell balances these factors in this speech has become the focus of market attention.

As the global economic situation continues to change, the policy direction of various Central Banks is also attracting attention. This annual meeting will undoubtedly provide us with important clues that will help in understanding the future direction of global monetary policy.

In this context, various assets, including cryptocurrencies, may be affected by policy expectations. Investors are closely following this annual meeting, hoping to gain valuable information to guide their future investment decisions.