The Jackson Hole conference has become the focus of financial markets, with investors and analysts closely following the Fed's interest rate decision in September. The market generally expects a possible rate cut, but there remains uncertainty regarding the specific magnitude and future frequency of rate cuts. However, it is worth noting that the inflation impact brought about by trade frictions is gradually becoming apparent. The Fed has maintained a cautious stance and may have access to more accurate and forward-looking data. Even if the Fed chooses to hold steady, it does not necessarily lead to a significant fall in the market. Investors should maintain a long-term perspective and not abandon long-term investment strategies due to short-term fluctuations. The development of the economy and financial markets is often full of variables, so it is crucial to remain calm and analyze rationally.