TechFlow news, on August 23, according to Jinshi Data, Federal Reserve Chair Powell will deliver an important speech at 22:00 tonight during the Jackson Hole symposium, with market expectations that he may pave the way for future rate cuts. Against the backdrop of weak employment data and persistently slowing inflation, investors will closely watch Powell's assessment of the economic outlook. Most analysts expect the Fed to cut rates at its September meeting, though there is disagreement over the magnitude. The mainstream expectation is a 25 basis point cut, while institutions such as Citigroup and JPMorgan predict a potential 50 basis point reduction. Bank of America believes Powell’s remarks will have limited impact on the dollar but could preserve the option for aggressive easing. Markets are watching whether Powell will offer clearer guidance on avoiding unexpected weakness in the labor market and how he balances risks amid economic uncertainty.
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