The probability of the Federal Reserve lowering interest rates in September is close to 70%.

Trump hinted that he will fire Federal Reserve Chairman Powell. According to CME "FedWatch" data, the probability of the Fed maintaining interest rates in July is 95.3%, while the probability of a 25 basis point rate cut is 4.7%. The probability of the Fed maintaining interest rates in September has decreased to 32%, with a cumulative 25 basis point rate cut probability of 64.9% and a cumulative 50 basis point rate cut probability of 3.1%.