Powell gives the Heisman stiff-arm to any attempt to get pinned down on September. Responding to a leading hypothetical on what would generate a rate cut in September: "I'm not going to say that, no. We're just going to need to see the data. It could go in many different directions." "We're going to make a judgment based on all of the data and based on the balance-of-risks analysis." As @PotomacRC would say, if we're hungry, we'll eat.