Traders increased their bets on a Fed interest rate cut amid reports of Trump’s intention to fire Powell soon (more than 50% chance of an interest rat
2025-07-16 16:13:19
Main Idea
There is a more than 50% chance of an interest rate cut in September, amid reports of Trump's intention to fire Powell.
Key Points
1. Trump’s intention to fire Powell soon.
2. More than 50% chance of an interest rate cut in September.
Description
Traders increased their bets on a Fed interest rate cut amid reports of Trump’s intention to fire Powell soon (more than 50% chance of an interest rate cut in September)
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