Trump is indeed a master: he had previously spread rumors that he was going to fire Fed Chairman Powell, but later denied it, saying that he had never written a letter to fire him.

Judging from market data, now everyone thinks that the Fed is unlikely to change interest rates in July, with a 95.3% chance of maintaining the status quo and a probability of less than 5% of rate cuts. But the situation is different in September, with the probability of maintaining the status quo dropping to 32%, and more than 60% of the probability of a 25 basis point rate cut.

Trump recently said that he felt Powell was always slow to react and was not doing a good job, and said that although there was no plan to fire him now, there would definitely be changes in the next eight months, and he would find someone powerful to take over. He also mentioned that Hassett might work for the Fed, and made it clear that he was only interested in those who advocated low interest rates as Fed chairman.

Trump said he would not fire Powell, but his words revealed his dissatisfaction with Powell, and he made the conditions clear, just wanting to find someone who could follow his lead and keep interest rates low. #美联储何时降息？