Following the recent market turmoil, the Federal Reserve is unlikely to endorse expectations at its upcoming Jackson Hole seminar that it may cut interest rates more aggressively than previously expected, which could boost the dollar, according to Deutsche Bank. Unless CPI inflation data on Aug. 14 is higher than expected or there is another major market panic, Fed officials are likely to try to be as calm as possible at the Aug. 22-24 seminar and wait for the next labor market report in September, "which would mean that current rate cut expectations may have to be revised and the dollar may rise a bit more," currency analyst Antje Praefcke said in a note.