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Walsh will deliver his first keynote speech at Jackson Hole on August 28, Eastern Time, but it has not yet been decided whether he will address the macroeconomic "big picture" or provide direct guidance for the policy path from September to December. This uncertainty means that the market's sensitivity to changes in wording may increase significantly. During the meeting, about five Federal Reserve officials are expected to be interviewed by the media, and special attention should be paid to their consecutive statements. Goldman Sachs believes that Jackson Hole has historically amplified forex fluctuations, but the US dollar has not shown a consistently stable direction.