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Powell's farewell speech suggested a rate cut in September. Employment risks become a focus of concern.

23/08/2025

Zhixingtong Finance APP learned that on Friday, Federal Reserve Chairman Powell delivered a speech at the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, once again becoming the focus of global financial markets. Powell's term will expire in May 2026, making this his last speech at the annual meeting as Fed Chairman.

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7 m ago

Guangxi acquires 20,000 units of existing commercial housing, promoting the stabilization and rebound of the real estate market.

8 m ago

Hengdian Dongci: It is expected that the profitability of components will still be supported in the second half of the year.

9 m ago

Modi: India can create 5 unicorn companies in the space sector in the next 5 years.

10 m ago

Hengdian Dongci: At present, the full-pole ear technology reserves have been completed. Investment for mass production will be evaluated again next year.

10 m ago

The CEO of Coinbase stated that he "took unilateral action" to dismiss some employees who had not adopted artificial intelligence technology, despite being informed that they must do so. Armstrong emphasized the importance of artificial intelligence in the workplace and plans to have 50% of the code writing work done by AI by the end of the quarter. He made it clear that he values employees using AI for programming, and any resistance will face consequences.

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