The latest news indicates that Fed Chairman Powell delivered a highly followed speech at the Jackson Hole annual meeting. This speech not only provided clear guidance for a possible interest rate cut in September but also unveiled a revised monetary policy framework.

Some analysts believe that Powell's speech contained clear signals for interest rate cuts. Based on the current economic situation, it is expected that the Fed may implement two more interest rate cuts this year. However, the specific path of interest rate cuts will still heavily depend on the performance of future non-farm payroll data.

This news has sparked widespread follow in the financial markets. Investors and economists are closely following the Fed's policy direction and the potential impact these policies may have on the global economy.

It is worth noting that adjustments to monetary policy can have far-reaching effects on multiple areas of the economy, including but not limited to inflation rates, the labor market, the real estate market, and overall economic growth. Therefore, market participants need to closely follow subsequent developments and adjust their investment strategies in a timely manner.