PANews August 24 news, according to Jin Ten reports, CITIC Construction Investment Research Report stated that Federal Reserve Chairman Powell pointed out at the Jackson Hole central bank annual meeting that the United States is facing the dual challenges of inflationary pressure and a cooling labor market, but particularly emphasized the economic downside risks indicated by the cooling labor market. His dovish remarks greatly increased the probability of a rate cut in September, causing the U.S. dollar index to plunge.