CoinVoice has learned that, according to Jin10, investment banks have significantly diverged in their expectations for interest rate cuts at the upcoming Jackson Hole meeting. State Street expects Powell to pave the way for a rate cut in September, while ANZ believes he may hint at a return to interest rate normalization. UBS thinks Powell may lean towards a rate cut in September, while Russell Investments points out that the cut could be 25 basis points. ING mentioned that concerns among Fed officials regarding the labor market may lead to a more dovish stance. Bank of America is skeptical about the rate cut, believing Powell will have an opportunity to express his views at the meeting.

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