Recently, news from the economic sector has emerged that the inflation situation in the United States remains severe, which may lead the Fed to reassess its monetary policy direction. According to the latest data, the consumer price index (CPI) and the producer price index (PPI) in the United States are still above 3%, indicating that the inflation problem has not been effectively controlled.

Economists point out that the current inflation situation presents a unique balance. The number of items in the CPI that exceed 4% is roughly equal to the number of items that are below 2%, a phenomenon that has not been seen since the inflation peak in 2021-2022. This data reflects the complex situation facing the American economy, indicating that inflation pressures have not eased as quickly as expected.

At the upcoming Jackson Hole annual meeting, the market generally expects Fed Chairman Powell to possibly release new policy signals. Some analysts believe that Powell may hint at a more cautious and gradual rate cut strategy by the Fed to address the ongoing inflationary pressures.

However, despite these challenges, some economists remain relatively optimistic about the future direction of the Fed's policy. They expect that by next year, the Fed may cumulatively cut interest rates by 100 basis points. However, this forecast is still about 50 basis points lower than the current market expectations, reflecting professionals' cautious attitude towards the economic outlook.

Overall, the current economic situation in the United States is complex and variable, with inflation remaining a key focus for decision-makers. The future direction of Fed policy will directly impact global financial markets, and both investors and policymakers need to closely monitor related developments.