CoinVoice has learned that, according to Jin Ten reports, data from the Atlanta Fed indicates that the market believes there is a 65% probability of the Federal Reserve lowering interest rates by 25 basis points in December, and a 15% probability of a 50 basis point cut. Ethan Harris, former chief economist at Bank of America Securities, stated that if the market has fully digested the expectations of a rate cut ahead of the Federal Reserve's September meeting, it will be difficult for the Fed to decide to keep rates unchanged. Powell will hint at the uncertainty of a rate cut in September during his speech at the Jackson Hole annual meeting. Morgan Stanley Wealth Management Chief Economic Strategist Ellen Zentner pointed out that Federal Reserve officials may refute market expectations. [Original link]