The odds of a September interest rate cut have risen to 94.4%.



$TRUMP intends to announce his nominee for the vacant seat on the Federal Reserve Board soon.

He may also reveal his nominee for the position of central bank chair.

❌ Treasury Secretary Scott Bessent was excluded from the list of candidates to head the Federal Reserve, as he wishes to continue in his current position (Treasury Sec.).

In a television interview, Trump described Adriana Kogler's decision to leave her position early as a "pleasant surprise."

$KNC
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TRUMP-0.49%
SEAT-1%
SOON-9.07%
MAY-2.27%
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