Techub News: On the evening of August 22, 2025, Federal Reserve Chairman Powell revealed in a speech at Jackson Hole that the window for interest rate cuts in September has opened, noting that while the job market is close to full employment, risks are rising, and short-term inflationary pressures remain elevated. The impact of tariffs on prices is temporary and uncertain.

The Federal Reserve also adjusted its monetary policy framework, removing references to 'long-term inflation averaging 2%' and 'maximum employment gap'. Following the announcement, the market reacted swiftly, with gold prices soaring, the US dollar index falling, the yen and Australian dollar rising over 1%, US Treasury yields declining, US stocks rising across the board, and Bitcoin breaking through $116,000. As of the time of this report, Ethereum has surpassed $4,800.