At the recent Jackson Hole symposium, Federal Reserve Chairman Powell expressed increased confidence in achieving inflation targets and reiterated his commitment to maintaining a strong labor market. Powell stated that the Fed will spare no effort in promoting economic stability, particularly with significant progress made in price stability. However, when discussing monetary policy, he emphasized that the timing and pace of interest rate cuts would depend on various factors, including the latest performance of economic data, expectations for future economic development, and potential risks. This statement reflects the Fed's cautious approach and flexible adjustment capabilities in formulating policies under a complex economic environment.