Honestly, whether to cut interest rates or not is not the key point. What truly can shake the market is which direction Powell's mouth is blowing—dovish or hawkish?

Those subtle clues about the future monetary policy during the policy announcement are what traders should be obsessively analyzing.

Recently, Hasett, the "shadow chairman," has indeed been quite vocal, but his stance wavers, and ultimately he's just a shadow; his actual influence can't compare to Powell's at all.

Therefore, during the Thursday morning press conference, every word Powell says must be carefully considered. The market's next move is very likely hidden in his phrasing.