Goldman Sachs: Expect the Fed's policy rate to fall soon, Powell will be more dovish
Odaily Planet Daily Report: Currently, the US stock market is showing a stable and optimistic trend, and the market is full of expectations for Fed Chair Powell's speech at the upcoming Jackson Hole economic symposium on Friday. Goldman Sachs has outlined several key issues in its report that it hopes Powell will address at the symposium. The most important of these is to demonstrate confidence in the inflation outlook in his speech, and it is expected that Powell will provide more dovish information than in the press conference after the July FOMC meeting, and that the Fed's policy rate will soon decline.
