This week is set to be one of the most anticipated moments for global markets. Key events such as the FOMC meeting minutes, the annual Jackson Hole Symposium, and Jerome Powell’s speech will play a major role in shaping market direction.
What Has Happened So Far?
In its latest meeting on July 30, 2025, the Federal Reserve decided to keep interest rates unchanged at 4.25%–4.50%. Some FOMC members believe rates should remain high for longer, while a smaller group signaled that a minor cut might be possible later this year.
Key Events to Watch
- Wednesday: Release of the FOMC Minutes from the July meeting. This document often reveals deeper insights into debates inside the Fed.
- Thursday: The start of the Jackson Hole Symposium, a global forum where central bankers and top economists gather.
- Friday: Jerome Powell’s speech. As his last Jackson Hole appearance before his term ends, markets will be looking for strong signals on the Fed’s next moves.
Other important data include weekly jobless claims, global PMI figures, and U.S. manufacturing data.
Market Expectations
- The chances of rates staying unchanged in July are very high, but many analysts see an 85–95% probability of a 25 bps rate cut in September (according to CME FedWatch Tool).
- Powell’s speech will be the key driver: a dovish tone could support risk assets, while a hawkish stance may spark volatility.
- U.S. equities have room to strengthen, as historically markets often rally ahead of Jackson Hole speeches.
- The U.S. Dollar has already shown strength at the start of the week as investors remain cautious.
Andrew Fischer’s View
“The market is at a tipping point. If Powell delivers a dovish signal, risk assets could rally in the short term. But if the tone is hawkish, brace for more volatility.” – Andrew Fischer
Conclusion
This week could define global market trends. Investors are advised to stay alert, closely monitor the FOMC minutes, follow Powell’s speech, and prepare strategies for possible market swings.
sourch: https://www.youtube.com/watch?v=Gb8oFOPbL5I