According to Mars Finance, as reported by Jinshi, investment banks have significantly divided expectations regarding interest rate cuts ahead of the upcoming Jackson Hole meeting. State Street Global Advisors expects Powell may pave the way for a rate cut in September, while ANZ believes he may hint at a return to normalizing rates. UBS thinks Powell may lean towards a September rate cut, whereas Russell Investments points out that the cut may be 25 basis points. ING mentions that concerns among Federal Reserve officials about the labor market could lead to a more dovish stance. Bank of America remains skeptical about the rate cut, believing Powell will have a chance to express his views at the meeting.