Recently, the financial markets have shown significant volatility. The Nasdaq Composite Index fell by 0.83% during the trading session, while the S&P 500 Index also declined by 0.36%. At the same time, gold prices rose by 0.85%, indicating an increased demand for safe-haven assets among investors.



Market attention is focused on the upcoming Jackson Hole annual meeting. Federal Reserve Chairman Powell is expected to deliver an important speech on the evaluation of the Federal Reserve's policy framework during Friday's meeting, which could have a significant impact on the future direction of monetary policy.

On the other hand, U.S. Treasury Secretary Janet Yellen recently revealed that she will begin meeting with 11 strong candidates around September 1 to look for a potential successor to Jerome Powell. This news has sparked speculation in the market about changes in the Federal Reserve's leadership, which could have far-reaching implications for long-term economic policy.

As these important events approach, market participants are closely monitoring every detail to assess its potential impact on economic outlook and investment strategies. In the coming weeks, the direction of financial markets may experience significant changes due to these key factors.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SchroedingersFrontrunvip
· 08-25 22:27
Gold is forever, I believed your ghost.
View OriginalReply0
AirdropSkepticvip
· 08-25 22:25
Bull run warning again
View OriginalReply0
BlockchainFoodievip
· 08-25 22:18
market volatility hits harder than my failed soufflé... at least gold's rising like perfectly proofed dough
Reply0
GasWaster69vip
· 08-25 22:16
What is the Fed up to now?
View OriginalReply0
PrivacyMaximalistvip
· 08-25 22:00
Cut Loss and run, wait for the crash to enter again.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)