#鲍威尔发言 Jackson Hole Annual Meeting Releases Policy Signals

At the annual central bank governors' meeting, Powell proposed a new policy framework of 'higher for longer.' He acknowledged for the first time that the current interest rate level of 5.25-5.5% is sufficiently restrictive, but emphasized that high rates will be maintained until inflation shows clear signs of cooling. Notably, Powell pointed out that the real interest rate (currently at 2.1%) is the key decision-making indicator. The market interpreted this as the end of the rate hike cycle, but it is too early for rate cuts, and Bitcoin responded with a 5% increase, surpassing $31,000.