Capital Economics: The Fed may change its wording this week, but it may be more explicit about the interest rate cut in August.

Odaily Planet Daily News: Stephen Brown, Deputy Chief Economist for Capital Economics, said in a report that the Federal Reserve may change its language this week to reflect the increasing possibility of a rate cut at the next meeting. However, it is doubtful that a clearer announcement of the rate cut will be made at the Jackson Hole Symposium in August. Powell will have another opportunity to discuss the interest rate issue at the conference, which will be held in Jackson Hole, Wyoming from August 22nd to 24th. Officials and economists from around the world will discuss policies at the conference. (Jin10)