【TMGM Financial Recap】 Wash's Hawkish Stance: The Probability Of A Rate Hike In September Soared From 35% Overnight To Nearly 60%! The US Dollar Posted Its Largest Single-Day Gain In Two And A Half Months, While The Offshore RMB Fell Below 6.73 Intraday
At 22:00 Beijing time last Friday (August 28), Federal Reserve Chairman Kevin Walsh delivered his first keynote speech since taking office at the Jackson Hole annual meeting in Wyoming. Coinciding with his 100th day in office, he made his toughest statement yet: if we cannot be confident that underlying inflation is falling "clearly and quickly enough" toward the 2% target, "we still have work to do."Read more
31 Aug 2026