鲍威尔杰克逊霍尔谢幕演讲前瞻：拟废除平均通胀目标，重塑美联储政策遗产

Group 1 - The Federal Reserve Chairman Jerome Powell is expected to announce significant changes to the Fed's policy framework during his speech at Jackson Hole, which may include a shift away from the "average inflation targeting" strategy [1][2] - The current framework, established in 2012, is set for a five-year review, and the upcoming adjustments will reassess the policies and communication strategies that were last updated before the pandemic [1][2] - Observers believe that the previous tolerance for inflation overshooting contributed to the Fed's delayed response to rising inflation post-pandemic, leading to aggressive interest rate hikes [2] Group 2 - Powell's anticipated speech is expected to restore a more forward-looking policy strategy while acknowledging supply chain risks and aiming to rebalance inflation and employment perspectives [2] - The need to optimize the Fed's communication mechanisms regarding economic forecasts and uncertainties is emphasized, particularly concerning the quarterly economic outlook report that includes the "dot plot" of interest rate expectations [2]