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TechFlow, July 16 — According to Jinshi Data, Trump hinted at firing Federal Reserve Chair Powell. CME "Fed Watch" data shows: the probability of the Fed holding rates steady in July is 95.3%, while the probability of a 25-basis-point rate cut is 4.7%. The probability of holding rates steady in September dropped to 32%, with a 64.9% chance of a cumulative 25-basis-point rate cut and a 3.1% chance of a cumulative 50-basis-point rate cut.
According to Jinshi Data, Trump hinted at firing Fed Chair Powell. CME "FedWatch" data shows: the probability of the Fed holding rates unchanged in July is 95.3%, while the probability of a 25-basis-point rate cut is 4.7%. The probability of holding rates unchanged in September drops to 32%, with a 64.9% chance of a cumulative 25-basis-point rate cut and a 3.1% chance of a cumulative 50-basis-point rate cut.
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