In the latest Fed FOMC press conference, Chairman Powell's speech attracted widespread follow. His remarks indicate that a significant shift in policy direction is underway.

First, Powell emphasized that the state of the labor market has become the primary consideration, surpassing inflation risks. This means the Fed may pay more attention to the health of the labor market rather than solely pursuing inflation targets.

Secondly, Powell acknowledged that the labor market has begun to show some issues, which may affect future employment data and economic growth expectations.

Another notable change is that the Fed seems to be adjusting its long-term inflation target framework. This move could have profound implications for future monetary policy.

At the same time, Powell stated that inflation expectations are diverging from the intended path, which could increase economic uncertainty.

Finally, Powell hinted that interest rate cuts might start in September, a signal that has triggered widespread discussion in the market.

The shift in these policy attitudes will undoubtedly reshape the macroeconomic landscape in the coming months. Analysts generally believe that these changes may have a positive impact on the financial markets. However, we still need to closely monitor subsequent economic data and policy trends to better grasp market movements.