#美国经济状况# The market has recently been focusing on Powell's upcoming speech at the Jackson Hole annual meeting. Given the current economic situation, the possibility of a 25 basis point rate cut is indeed quite significant. However, I still advise everyone not to place all their hopes on this. After all, the inflation problem still exists, and the employment market is also changing, making the situation quite complex. The key point is that Trump is constantly pressuring for a rate cut and is also looking for a replacement, which adds a lot of pressure on Powell. We might as well stay cautious, closely follow the content of the speech, and also consider the market fluctuations that may result from the Fed's policy direction. Proper risk management is the way to go.