On August 22 local time, the remarks made by Federal Reserve Chair Powell at the Jackson Hole Global Central Bank Symposium were like a pebble thrown into a calm lake, causing a huge stir in the global financial market.
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In the global financial market, the US stock market has always held a pivotal position and has long been the focus of investors' attention.
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Recently, the global financial market's attention will be focused on Jackson Hole, Wyoming, where the annual meeting of global central bank governors is held. The speech of Federal Reserve Chair Powell has become the core of market attention.
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Multiple Concerns Linger on the Path to Economic Recovery On August 21st, European stock markets showed a clear divergence. The European STOXX 600 Index edged up 0.23% to 559.09 points, continuing its recent volatile trend.
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As US President Trump, Ukrainian President Zelensky, and European leaders discussed possible negotiations with Russia, on August 19th local time, the spot gold price dropped sharply, touching its lowest level since August 1st.
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The new book "Debt Control: Risk and Consumer Bankruptcy," co authored by Robert M. Lawless, a law professor at the University of Illinois, delves into the difficult financial lives of American bankruptcy applicants and presents worrying trends and issues behind them.
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Recently, Federal Reserve Chairman Powell will give a speech at the Jackson Hole Global Central Bank Annual Meeting.
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In the economic landscape of South Korea, the semiconductor industry has always been the "stabilizing anchor".
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Two weeks ago, US Treasury Secretary Janet Bessent was still making a high-profile prediction that the Federal Reserve would cut interest rates by 50 basis points in September and declared that the benchmark interest rate should be significantly reduced by 150 to 175 basis points.
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On August 16, 2025, the Federal Reserve announced the official cancellation of the "Novel Activities Supervision Program" for banks' cryptocurrency and fintech activities, bringing these activities under the regular banking regulatory framework.
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On October 30 local time, Wes Moore, the governor of Maryland, USA, declared a state of emergency across the state to deal with the economic shock brought about by the federal government's "shutdown".
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