At Jackson Hole, Federal Reserve Chair Jerome Powell's tone shifted as he warned about the rise of downside risks to employment, signaling a potential adjustment in policy stance if the economic slowdown persists. The unexpected dovish message surprised Wall Street, which was anticipating a cautious approach focused on inflation without hints of rate cuts. Powell's emphasis on labor market concerns and acknowledgment of weakening growth opened the door for potential easing measures. Market reactions were swift, with Treasury yields dropping, the U.S. dollar weakening, and stocks rallying. The likelihood of a September rate cut is now seen as a certainty as per market indicators. For more details, visit Benzinga.com.