Federal Reserve Chairman Powell sends a heavy signal in his latest testimony: if inflation falls faster than expected or the labor market shows signs of weakness, the Fed may initiate a rate cut process ahead of schedule! This is in sharp contrast to the previous market expectations, indicating that the policy direction may usher in a critical turning point. There are currently no signs of economic recession, but the forward guidance of monetary policy has begun to loosen, leaving the market with a potential window for early layout.