#FedDovishNow

The official publication from Binance News indicates that Jerome Powell's speech at the Jackson Hole meeting reflected a dovish stance, as he addressed employment risks and the correction of the U.S. monetary policy framework, paving the way for the possibility of an interest rate cut in September.

Guotai Junan Securities' assessment expects a reduction of about 25 basis points in September, with the possibility of an additional cut totaling 50 basis points by the end of the year, confirming that the pace of reductions will be moderate and cautious.