Recent economic analysis shows that Federal Reserve Chairman Powell's remarks at the Jackson Hole conference unexpectedly displayed a dovish tendency, in stark contrast to his position during the July Federal Open Market Committee (FOMC) press conference. Powell's view on the labor market has changed significantly, beginning to express concerns about employment prospects. This shift has sparked speculation about the influence of political factors on monetary policy.

Although the Federal Reserve maintains its expectation of two rate cuts in 2025 unchanged, the release of this dovish signal increases the likelihood of a 25 basis point rate cut in September and consecutive rate cuts within the year. However, experts warn that loose monetary policy may bring significant negative effects. The U.S. may face more difficult-to-control inflationary pressures in the future, and accelerated economic activity after rate cuts could lead to an upward shift in the inflation center.

Some analysis suggests that this policy shift may expose the U.S. economy to greater risks of economic stagnation this year, while next year it could face higher inflationary pressures. This situation presents new challenges for the long-term healthy development of the U.S. economy and brings uncertainty to the global financial markets. Investors and policymakers need to closely monitor the subsequent policy trends of the Federal Reserve and their potential impact on the global economy.