Golden Finance reports that, according to Walter Bloomberg, Powell is unlikely to commit to interest rate cuts. Federal Reserve Chairman Jerome Powell is expected to keep various options open in his speech at Jackson Hole on Friday, avoiding a clear signal regarding a rate cut in September. The market generally expects the Federal Reserve to adopt a loosening policy, but Powell may emphasize that the path to loosening is still uncertain. Research firm LHMeyer points out that he may lower expectations to prevent the market from fully locking in a rate cut before the Federal Reserve enters its quiet period.