According to BlockBeats, on August 16, Federal Reserve Chairman Powell will deliver a speech on the economic outlook at the Jackson Hole Economic Symposium at 10 a.m. Eastern Time on August 23 (10 p.m. Beijing Time on August 23) and set the tone for the September interest rate cut window. This is the first full-day meeting of the Kansas City Federal Reserve's annual economic symposium 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 decision-making 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. (Jinshi)