As the Federal Reserve's interest rate cut decision on September 18 approaches, the financial markets are focused on it. Although a 25 basis points rate cut has almost become a foregone conclusion, what truly stirs the market's nerves is the speech by Federal Reserve Chairman Powell after the decision.

Powell's remarks will be a key factor influencing the direction of the market. If he fails to clearly indicate the specific timing of the next rate cut, the market may fall into a whirlpool of uncertainty. In the absence of clear expectations, investors may quickly adjust their portfolios, reducing exposure to high-risk assets, which could trigger a wave of short-term market adjustments, putting downward pressure on the prices of various assets.

However, if Powell's speech emphasizes the current weakness in the job market and clearly states that the Federal Reserve will take necessary measures to maintain stability in the job market, it would undoubtedly inject a shot of confidence into the market. Such a statement could revive investors' confidence in the economic outlook, prompting them to increase their allocation to risk assets. In this case, the market is likely to experience a wave of upward momentum, with stock markets and commodity prices potentially seeing significant increases, and expectations for economic recovery further strengthened.

Regardless, Powell's speech will become an important indicator that influences the short-term direction of the market. Investors need to closely monitor his statements in order to timely adjust their investment strategies to respond to potential market fluctuations. In this period full of uncertainty, maintaining vigilance and flexibility will be a wise choice for investors.