百利好丨鲍威尔杰克逊霍尔讲话来袭，或逆转市场降息预期

Group 1 - The Jackson Hole Economic Policy Symposium is expected to provide important signals regarding the future interest rate path from the Federal Reserve [1][3] - Market expectations for a rate cut have intensified, with over 92% probability of a 25 basis point cut in the September meeting according to federal funds futures pricing [1][3] - The stock market, particularly interest rate-sensitive sectors, has seen a significant rise due to these optimistic expectations [3] Group 2 - There is a risk of significant market volatility if Fed Chair Powell's speech diverges from market expectations regarding rate cuts [3][4] - Morgan Stanley suggests that the Jackson Hole meeting may serve as a platform for the Fed to counter excessive easing expectations, potentially leading to a more hawkish stance from Powell [3][4] - The Fed aims to maintain flexibility in its policy decisions, especially before the release of key employment and inflation data [4]