The U.S. economic data and monetary policy direction have attracted widespread attention from the market. Two important economic indicators are about to be released, which may have a profound impact on the future economic trend.

First, the PCE (Personal Consumption Expenditures) price index for the second quarter in the United States will be announced tonight at 8:30 PM. As an inflation indicator closely monitored by the Federal Reserve, the PCE index directly reflects the current price trends in the United States and holds significant reference value for the direction of future monetary policy.

Secondly, the Federal Reserve will release its interest rate decision at 2 AM on Thursday. The market generally expects rates to remain unchanged, so investors are more focused on Chairman Powell's subsequent speech. Powell's remarks may hint at the future process of interest rate cuts, especially statements regarding inflationary pressures and economic resilience, which will directly affect the short-term fluctuations of assets such as U.S. stocks and the dollar.

From the perspective of the overall economic environment, expectations for interest rate cuts are warming up. Considering factors such as economic structural adjustments and demand release, the market generally believes that the likelihood of starting a new round of interest rate cuts in September has significantly increased. Powell's remarks this time may provide important guidance for this expectation.

In light of the upcoming economic data releases and policy announcements, investors are advised to closely monitor these key time points and consider positioning themselves in advance to seize potential asset volatility opportunities.