Fed's voice-over: Powell's attitude toward the job market this week may point out the future policy direction

Huobi HTX reports, "Federal Mickey Box" Nick Timiraos' latest article: "The Fed rate cut is basically a foregone conclusion this week, and investors will focus on whether Powell will further advance his recent stance turn. Investors will pay close attention to a key message: Will Powell and his colleagues set the total rate cuts this year three times, or will they maintain expectations in June (at that time the job market seemed more stable, with minority officials expected to cut rates twice)? Last month, in a highly-watched speech, Powell's work market The concerns exceeded some colleagues' concerns about inflation at the time. The question now is: Will Powell further strengthen this concern after the release of the weak non-farm employment report in August? If he does this, it will confirm the market's expectations of "continue interest rate cuts in the next few meetings", but it may also need to overcome some colleagues' concerns - these colleagues are reluctant to promise such a rapid policy shift due to doubts about "neutral interest rates" and "whether interest rates should be adjusted to neutral levels."