CoinVoice has recently learned that, according to Jinshi reports, Guojin Macro Research Report states that Powell turned dovish at the Jackson Hole meeting, and his statements contradict those made at the July FOMC press conference. He has undergone a 180-degree shift in his views on the labor market, now expressing concerns about the downside risks to employment. This shift may prove that Trump's political pressure on the Federal Reserve has paid off, reinforcing the possibility of a 25 basis point rate cut in September and further cuts within the year. [Original link]