A key turning point is coming, this is the best time to test the bottom

PANews reported on August 16 that according to Jinshi, Federal Reserve Chairman Powell is scheduled to speak on the economic outlook at 10:00 pm Beijing time on August 23, which is the first full-day meeting of the Kansas City Federal Reserve's annual economic seminar in Jackson Hole, Wyoming. This annual meeting of global central banks provides Powell with an opportunity to make an updated assessment of the US economic trajectory and monetary policy outlook between the Fed's July and September policy meetings. Last month, he said that if inflation and the labor market continue to cool, the Fed may consider cutting interest rates at its next meeting.