Fed Chairman Jerome Powell will deliver a highly anticipated important speech tomorrow in Jackson Hole. The speech will focus on the U.S. economic outlook, tariff issues, and the Fed's next steps. In the context of widespread expectations for interest rate cuts, every word from Powell will be closely watched.

The importance of this speech is self-evident. As the head of the Fed, Powell's remarks often influence the direction of financial markets. Investors and analysts will closely follow his assessment of the current economic situation and hints regarding future monetary policy.

In the current complex economic environment, Powell faces multiple challenges. On one hand, the US economy still performs relatively strongly; on the other hand, the uncertainty brought about by the slowdown in global economic growth and intensified trade frictions is also increasing. How to formulate appropriate monetary policy in this situation will be a key question that Powell needs to address.

Regardless of what stance Powell ultimately takes, his speech will undoubtedly have a significant impact on the financial markets. Investors are holding their breath, hoping to gain important clues about the future direction of the U.S. economy and monetary policy from this speech.