PANews August 24 news, according to Zhito Finance reports, Guotai Junan Securities released a research report stating that Powell's speech at the 2025 Jackson Hole Global Central Banking Conference has obvious dovish signals, suggesting that the downside risks to employment are greater than the upside risks to inflation, which may provide forward guidance for a new round of preemptive rate cuts. The revision of the U.S. monetary policy framework also points to a more adaptable and flexible monetary policy suited to the current environment. The Federal Reserve may begin to cut rates in September, but under the preemptive tone and inflation impact, the pace will not be too fast, with a maximum of 2 rate cuts expected within the year.