Trump reacts to 3% Q2 GDP: “Too Late must now lower the rate. No inflation! Let people buy and refinance their homes!”
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There's a 98% chance Jerome Powell starts today's FOMC press conference with "Good Afternoon."
The last time he skipped it the Dow plunged 800 points.
What could go wrong?
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The last time he skipped it the Dow plunged 800 points.
What could go wrong?
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TODAY: The White House Digital Assets Report is set to be publicly released in the next hours
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It's officially Fed day:
And, the odds of the Fed cutting rates 2 times in 2025 have fallen to 36%, per Kalshi.
Meanwhile, the odds of 1 rate cut are up to 25% and the odds of 0 rate cuts are up to 20%.
If Powell does not set the stage for a September rate cut today, yields are set to surge.
All eyes are on the Fed.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
And, the odds of the Fed cutting rates 2 times in 2025 have fallen to 36%, per Kalshi.
Meanwhile, the odds of 1 rate cut are up to 25% and the odds of 0 rate cuts are up to 20%.
If Powell does not set the stage for a September rate cut today, yields are set to surge.
All eyes are on the Fed.
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BREAKING: Mark Zuckerberg developing Superintelligence is now in sight — Zuckerberg just released this full letter sharing his vision "to bring personal superintelligence to everyone"
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