Goldman Sachs: It is expected that the Federal Reserve's policy interest rate will drop soon, and Powell will become more dovish

Currently, U.S. stocks are showing a stable and optimistic trend. The market is looking forward to Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday. Goldman Sachs outlined several key issues in its report that it hopes Powell will address at the symposium. Among them, the most important is to demonstrate confidence in inflation prospects during his speech. It is expected that Powell will provide more dovish information than after the July FOMC meeting press conference, and Federal Reserve policy rates will soon decrease.