【Former Vice Chairman of the Federal Reserve: The Federal Reserve is likely to cautiously lower the policy interest rate】Golden Finance reported that Richard Clarida, former Vice Chairman of the Federal Reserve and global economic advisor at Pimco, stated in a report that the Federal Reserve seems poised to lower the policy interest rate in the near term, although it will adopt a cautious approach. Powell's highly anticipated speech at the Jackson Hole annual symposium last week did not disappoint the market, and the Federal Reserve's introduction of a revised monetary policy framework also did not surprise Federal Reserve watchers. In the long term, the Federal Reserve reaffirmed its commitment to its dual mandate while only making minor clarifications to its monetary policy framework.