Allianz Chief Economist: Federal Reserve Chairman Powell will face challenges at Jackson Hole

Odaily Planet Daily News: Allianz Chief Economist Erian wrote that Powell will face challenges in Jackson Hole this week, and he needs to take advantage of this golden opportunity to rebuild the effectiveness of his forward-looking policy guidance, otherwise it may further damage his policy effectiveness and reputation. Some renowned Wall Street analysts and financial observers have called for the Federal Reserve to immediately implement an emergency inter session interest rate cut, which is unnecessary and may even be harmful. (Golden Ten)