PANews reported on August 24 that according to Jinshi, the latest research view of Founder Securities is that Federal Reserve Chairman Powell made a dovish speech at Jackson Hole, believing that the time for policy adjustment has arrived, and the market has increased its bets on interest rate cuts. Powell believes that the Fed is one step closer to achieving its inflation target, that upside risks are dissipating, and that it has greater confidence in achieving its inflation target. The labor market has cooled significantly and downside risks are increasing. The Federal Reserve does not seek or welcome further cooling of the labor market. It is expected that non-agricultural employment in August will accelerate the falsification of overly pessimistic economic expectations and overly optimistic interest rate cut expectations. The September FOMC meeting The Fed is expected to cut interest rates by 25 basis points, and the dot plot guides a cumulative rate cut of 50 basis points this year and 125-150 basis points next year.