
Jim Bianco|Jul 30, 2025 19:48
A tick chart of the probability of a rate cut at the September meeting. The red box is where Powell was speaking.
It started at -66% for a cut (minus = cut, positive = hike), and it is currently at -45%, meaning there is a greater probability that the Fed will hold rates the same in September than cut them.
Who wants to tell Trump?(Jim Bianco)
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