<ol>
<li>Federal Reserve Chairman Powell announced that the time has come for the FOMC to cut interest rates, opening the door to discussing the magnitude of the rate cut in September.</li>
<li>Federal Reserve Board member Kugler raised several questions about the unemployment indicators.
Philadelphia Fed President Harker stated that the future interest rate cut path of the FOMC should be &#34;orderly.&#34;</li>
<li>Chicago Fed President Goolsbee believes that the Federal Reserve paying attention to the cooling job market is crucial.</li>
<li>Atlanta Fed President Bostic stated that the speed of inflation change in the United States has exceeded his expectations, and now leans towards the Federal Reserve cutting interest rates more than once this year</li>
</ol>

<p>Federal Reserve Chairman Powell stated at the Jackson Hole Symposium that the time for rate cuts has come, paving the way for discussions on the magnitude of rate cuts in September. Director Kugler questioned the unemployment indicators, while Philadelphia Fed President Harker emphasized that future rate cuts should be "methodical." At the same time, Chicago Fed President Goolsbee pointed out the importance of monitoring the cooling job market, while Atlanta Fed President Bostic believes that the unexpected changes in U.S. inflation lean towards multiple rate cuts later this year</p>

Last Night This Morning: A Recap of Jackson Hole Symposium on August 23