On June 17 at 2 AM, the Federal Reserve's interest rate meeting will be an epic highlight! Right now, all market gamblers are betting on rate cuts, with CME interest rate futures showing that the probability of a rate cut in June has soared to 80%, even higher than the frequency of Trump's Twitter rants!

Political Pressure: Trump's Rate Cut Mania

This old man has completely lost it! Yesterday he was again ranting on Twitter, calling Powell 'Mr. Too Late' and demanding a one-time rate cut of 100 basis points (equivalent to four cuts in a row). Even more severe, he directly stated 'The new Federal Reserve Chair candidate has been decided,' clearly indicating he wants to replace the disobedient Powell!

Why the urgency? The data is just too bad:

In May, non-farm payrolls increased by 75,000, which is half of the expected 152,000, and the unemployment rate soared to 4.2%.

Q2 GDP growth has been cut to 1.8% by the Atlanta Fed, significantly increasing the risk of a hard landing in the economy.

The market players have seen through it all: if rates are not cut soon,