According to ChainCatcher reports, Mabrouk Chetouane, head of global market strategy at French BNP Paribas Asset Management, recently pointed out in an analysis report that Fed Chair Powell's Jackson Hole speech suggests a possible shift in policy stance from primarily addressing inflation to focusing on labor market stability.

The event's core theme this year, "Changing Labor Environment: Demographic Impact, Productivity, and Macroeconomic Policy," reflects this change in policy direction. Experts emphasized that Powell needs to provide a clear explanation of the re-prioritization of policies toward employment goals and the shift in the balance of monetary policy operations. This implies that inflation may move down the policy priority list, which is expected to influence market expectations for future interest rate cuts.