The last dance of Uncle Powell, pressure from the old dog Trump, should not explicitly lean towards a hawkish stance,
What do you strong brothers think, both the air force and the army should be cautious about fluctuations.
Powell will give a speech on August 22, 2025, at 22:00 (Beijing time) at the Jackson Hole Global Central Bank Annual Meeting.
This is an annual event of high concern for the global financial market, and the Federal Reserve often takes this opportunity to release significant policy signals.
The Fed faces the dual challenges of rising inflation (the PCE index rose from 2.1% in April to 2.6% in June, above the 2% target) and a weak labor market (only 73,000 new jobs added in July, far below the expected 110,000), raising concerns about the risk of "stagflation."
Powell has repeatedly stated that potential tariff policies from the Trump administration may lead to a short-term rise in inflation, which could even be more persistent.
If a hawkish stance is maintained, the risk of short-term corrections will increase.