- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Powell's "Dovish" Tone Loud and Clear, Probability of Fed Rate Cut in September Rises to 85.2%

By: theblockbeats.news|2025/08/22 19:22:11

BlockBeats News, August 23rd, Federal Reserve Chairman Powell stated that the continuously "changing" economic risks have provided the Fed with a more compelling reason to cut interest rates. This statement indicates that Powell has aligned with the "dovish" camp within the Federal Open Market Committee responsible for setting rates, and it also suggests that he may signal his support for a 25 basis point rate cut at the Fed's next meeting in September.

According to CME FedWatch, the probability of a 25 basis point rate cut by the Fed in September has risen to 85.2% (up from around 75% before Powell's speech), while the probability of rates remaining unchanged is 14.8%.

The SEC Crypto Enforcement Group is currently conducting a roadshow, organizing a roundtable discussion, and listening to perspectives from representatives in the crypto space.

BAND Surges Over 47% in 24 Hours, Market Cap Reaches $167 Million