According to reliable sources, Huatai Securities' latest research report maintains its prediction of two rate cuts by the Fed within the year. This prediction is based on Fed Chair Powell's speech at the Jackson Hole annual meeting.

Powell not only provided guidance for a possible interest rate cut in September during his speech but also announced a revised monetary policy framework. This information was interpreted by the market as a clear signal that the Fed is likely to take action to cut interest rates in September.

Analysts at Huatai Securities believe that future U.S. employment data will be a key factor influencing the Fed's interest rate cut decisions. They particularly emphasize the importance of non-farm payroll data, arguing that this indicator will largely determine the direction of the Fed's future monetary policy.

It is worth noting that Huatai Securities' prediction differs from the prevailing views in the current market. Many analysts believe that, considering the resilience of the U.S. economy and inflationary pressures, the Fed may adopt a more cautious stance. However, Huatai Securities seems to hold a relatively cautious view on the U.S. economic outlook, believing that interest rate cuts will become a necessary policy tool.

As global economic uncertainty increases, investors and policymakers will closely monitor every move of the Fed. Regardless of the final outcome, the decisions made by the Fed will have a profound impact on global financial markets.