Deep Tide TechFlow News, August 20, according to Jinshi Data reports, MainSky Asset Management Company stated that Federal Reserve Chairman Powell is expected to open the door for a rate cut in September at the upcoming Jackson Hole seminar.

Eckhard Schulte, Chairman of the MainSky Board, stated that unlike last year's meeting, when Powell prepared the market for a significant 50 basis point cut, this time the reduction is expected to be only 25 basis points.

He pointed out: "Unlike last year, current monetary policy is closer to the 'neutral interest rate', so there is no need for rapid and significant rate hikes to achieve normalization." MainSky expects at least one more rate cut in the fourth quarter of this year.