ChainCatcher News, according to Zhitong Finance reports, Guotai Junan Securities released a research report stating that Federal Reserve Chairman Powell's speech at the 2025 Jackson Hole Global Central Bank Annual Meeting shows dovish signals, possibly providing guidance for a rate cut in September. The report points out that Powell believes inflation risks are on the rise, and the revision of the U.S. monetary policy framework will make policies more flexible.

In the specific analysis, the report mentions Powell's reassessment of the U.S. labor market and the increasing employment risks, noting that there are significant downward risks to employment in the short term, and monetary policy may face a shift. Guotai Junan expects a 25 basis point rate cut in September, with a maximum of 2 rate cuts for the year, totaling about 50 basis points. The report emphasizes that the pace of rate cuts will not be too fast, primarily for precautionary considerations.