TechFlow news, on August 23, according to Jinshi News, a research report by Huatai Securities stated that on the evening of August 22 Beijing time, the Federal Reserve Chair delivered a speech at the Jackson Hole annual meeting, providing guidance for another rate cut in September and announcing a revised monetary policy framework. Powell's remarks sent a clear signal for a September rate cut. Huatai Securities maintains its forecast for two additional rate cuts this year, with the non-farm payroll data serving as a key reference indicator for the Fed's rate-cutting path.
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