#鲍威尔发言 Powell's Speech at Jackson Hole Releases Key Signals

At the annual central bank governors' meeting, Powell proposed a "new monetary policy framework," clearly stating that the 2% inflation target will not change but allows for a more flexible path to meet it. He acknowledged for the first time that there are lagging effects of monetary policy, suggesting that the rate hike cycle is nearing its end. Notably, Powell mentioned that he will pay more attention to the real interest rate level (currently at 1.8%) rather than the nominal rate. This statement was interpreted as a dovish shift, leading to an 8% increase in Bitcoin, surpassing the $30,000 mark.