[Federal Reserve's Intense Rate Cut Battle in September]

Federal Reserve Officials' Position: Vice Chair Bowman supports three rate cuts within the year, calling for a 25 basis point cut in September to avoid a decline in employment.

Market Expectations: CME shows a 90.7% probability of a rate cut in September, with a 46.5% probability of a 50 basis point cut in October.

Bank of America Disagrees: Bank of America warns that inflation is not under control, and Trump's tariff policy may trigger price shocks, insisting on their prediction of no rate cuts this year.