Powell will give a speech at the Jackson Hole meeting, and investment banks have differing expectations on interest rate cuts.

According to BlockBeats, Federal Reserve Chairman Powell will deliver a speech at 10 PM on August 22 (UTC+8) at the Jackson Hole meeting. State Street Global Advisors expects Powell to potentially pave the way for a rate cut in September.

UBS believes Powell may hint at a rate cut in September. Russell Investments states there is a possibility of a rate cut, but the extent would be 25 basis points. Dutch International points out that the concerns of three Federal Reserve officials about the job market may indicate a shift towards a more dovish official stance.

Mitsubishi UFJ expresses that Powell may not clarify the timing of a rate cut in order to evaluate data before the September meeting. Bank of America remains skeptical about a rate cut this year, believing that Powell may be content with low employment growth. #加密市场回调 $BTC #美联储何时降息？