Bybit’s latest TradFi report highlights growing anticipation ahead of the Jackson Hole Economic Policy Symposium, where Federal Reserve Chair Jerome Powell is set to deliver his address on Friday. This event will provide crucial insights into the U.S. interest rate outlook and its implications for global markets. The report reveals a significant shift in market sentiment, with traders now forecasting an 83% chance of a 25-basis-point rate cut at the September 17th Fed meeting, down from 94% last week. This reduction reflects heightened uncertainty as recent events indicate a softening in inflation and cooling labor market trends are contributing to this shift.