Federal Reserve Chair Jerome Powell's recent speech at the Jackson Hole Economic Symposium indicated a significant shift towards potential interest rate cuts, as he stated, "the time has come for policy to adjust." This comment has been well-received by the markets, with major indexes like the Nasdaq and S&P 500 seeing gains of up to 1.3%. Powell's remarks suggest a departure from the Fed's previous restrictive monetary policy, with expectations now leaning towards a possible 25 basis point rate cut in September and a cumulative reduction of 75 basis points by the end of 2024. Across the Atlantic, the CAC40 also gained, influenced by similar market sentiments regarding Powell's accommodative stance. However, analysts warn that despite current optimism, market volatility is likely to persist due to ongoing economic uncertainties and macro challenges. As investors prepare for upcoming earnings reports, particularly from tech giants, the overall market remains cautiously optimistic about future growth.