CoinVoice has recently learned that, according to Jinshi reports, Mike Sanders, the head of fixed income at Madison Investments, stated that Federal Reserve Chairman Powell may attempt to inject some "uncertainty" into the market's expectations for interest rate cuts at the Jackson Hole Global Central Banking Conference this Friday. Currently, the money market is betting on an 84% probability of a Fed rate cut in September, but Powell should hope to cool this confidence in case subsequent data falls short of expectations. He pointed out that data released between Jackson Hole and the September monetary policy meeting could significantly alter market outlooks.[Original link]