Thank you

Now, will the Federal Reserve lower interest rates in September?

There is an 85% chance that they will lower rates.

The drama between Powell and Trump has been fully played out; Powell has delayed long enough to preserve his own reputation, and even if inflation rises later, he has already cleared his name.

The Fed must have seen that the U.S. economy has entered a contraction period, and there is no longer a need to stubbornly hold on; for the sake of prudence, they also need to lower interest rates.