The interest rate cut by the Federal Reserve hangs in the balance, and the world is waiting quietly for Jerome Powell's crucial statement.

It's time for the annual "Jackson Hole Moment" again. According to the schedule, this year's Jackson Hole Global Central Bank Annual Meeting will be held from August 21st to 23rd Eastern Time. The theme of the meeting is "Labor Market Transformation: Demographics, Productivity, and Macroeconomic Policies." One of the highlights of this meeting, Federal Reserve Chairman Powell's speech on the evening of August 22nd Beijing time has captured the hearts of global investors. Compared to the central banks of Western economies such as the European Central Bank and the Bank of England, which have cut interest rates multiple times this year, the Federal Reserve's "rate-cutting boots" have yet to hit the ground. With the market already reaching a consensus on a September rate cut by the Federal Reserve, what signal will Powell's speech release and how will it affect market expectations and financial market performance, are of great concern to all parties. With the Federal Reserve expected to resume rate cuts, industry insiders predict that funds may flow into non-US assets with stronger short-term growth prospects than the US, while A-shares as an important asset in emerging markets have significant potential to attract foreign investment.