綜合摩根士丹利、摩根大通、瑞銀、巴克萊銀行和高盛的觀點來看，市場現在真正想從沃什講話中得到的是： 第一：沃什到底是“鷹派”還是“中性偏鷹”？ 這是最大的懸念。他一直強調：物價穩定。但並沒有明確告訴市場：什麼樣的通脹水平會觸發加息？所以市場現在不知道他的反應函數是什麼。 第二：他會不會改變美聯儲的政策框架？ 這反而可能是今天講話最重要的內容。尤其關注：通脹框架、資產負債表、前瞻指引、AI對生產率的影響、數據質量。摩根士丹利認爲這些可能比“9月加息25bp還是不加息”更重要。 第三：他如何處理“財政部—美聯儲”之間的矛盾？ 這是目前非常大的變量。美國財政部長正在擴大長期美債回購，希望壓低長端收益率。但與此同時：美聯儲如果爲了控制通脹而維持高利率→ 長端收益率可能保持高位。所以：財政部希望降低長期融資成本vs.美聯儲需要保持金融條件足夠緊，存在潛在衝突。英國金融時報指出，傑克遜霍爾可能成爲沃什闡述某種美聯儲-財政部協調機制的機會。

A preliminary NTSB report released Thursday says Marine One twice attempted to send takeoff warnings to Ronald Reagan Washington National Airport air traffic control earlier this month but the warnings did not go through, and the helicopter subsequently came within 0.82 miles (1.32 km) of an airliner during the airliner’s takeoff. That distance breached federal aviation rules requiring 1.5-mile separation; the White House and aviation officials said the president was never in danger. NTSB described the incident as a separation failure.

Korea's National Pension Service (NPS) reported a 27.2% return for 1H, its strongest half-year since at least 2022. As of end-June NPS managed KRW 1,866 tln (USD 1.35 tln). Domestic equities returned 107.4% as the KOSPI reached record highs. Overseas equities returned 17.8%; overseas fixed income 9.22%; alternatives 9.6%; domestic bonds -3.0%. NPS attributed the results to strong domestic and global equity market performance. The preliminary 1H return already exceeds last year’s record full-year return of 18.8%.