ChainCatcher news, according to Jinshi reports, traders expect the Federal Reserve to start cutting interest rates in September, increasing bets that the Fed will cut rates three times in 2025.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Kashkari still insists on his view that cooling inflation will allow the Fed to cut interest rates twice starting in September.Kashkari also stated that if inflation progress stagnates or reverses, the Fed could pause rate cuts until prices ease again. Tariffs indicate that inflation "is likely to come," as more goods from Asia (the region with the largest tariff increases) will appear on U.S. store shelves, and businesses will eventually start passing on price increases.In this case, the impact of tariffs on inflation may just be delayed longer than expected. Kashkari also mentioned that economic data so far shows that "the impact of tariffs on prices, economic activity, or the labor market is moderate."He added, "If we cut rates in September and then the tariff effects become evident this fall, we should not adopt a preset easing policy, but rather adjust based on new data."

ChainCatcher news, according to Jin10, Federal Reserve Chairman Powell stated that future trade agreements may allow the Federal Reserve to consider interest rate cuts.

ChainCatcher news, according to market news, the dollar rose slightly after Federal Reserve Chairman Powell maintained a cautious stance on interest rate cuts.During his testimony in Congress on Tuesday, Powell seemed to pour cold water on the prospect of a rate cut in July, rejecting President Trump's call for lower rates.Pepperstone strategist Michael Brown stated in a report that the Federal Reserve may not cut rates until December, with only a 25 basis point cut expected this year. (Jin Shi)

ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that inflation may not be as strong as expected. If this is the case, it could mean an earlier rate cut.

ChainCatcher news, according to Jinshi Data, U.S. short-term interest rate futures have slightly declined, as traders believe the likelihood of the Federal Reserve cutting interest rates early has decreased.

ChainCatcher News, U.S. President Trump stated on his social media platform "Truth Social" that "it's too late, Mr." Federal Reserve Chairman Jerome Powell will explain in Congress today why he refuses to lower interest rates. Europe has cut rates 10 times, while we have done so zero times. There is no inflation, the economy is booming------we should at least lower by 2 to 3 percentage points. This would save the U.S. $800 billion annually.

ChainCatcher news, according to CME FedWatch data, the probability of the Federal Reserve cutting interest rates by 25 basis points in July is 20.7%, while the probability of maintaining the current rate is 79.3%.Previously reported, on June 24 at 2 AM, Fed's Goolsbee stated, "If the trade policy impacts disappear, we should continue to cut rates."

ChainCatcher news, Federal Reserve's Goolsbee stated that if the impact of trade policies disappears, we should continue to cut interest rates. (Jin Ten)

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Bowman stated: "If inflationary pressures are controlled, I will support lowering the policy interest rate as soon as possible at the next meeting to bring it closer to a neutral level and maintain a healthy labor market.""Bowman has been very focused on inflation risks since last year. She mentioned that due to the expectation of more idle capacity in the economy this year, she believes that the price increases caused by tariffs will be 'modest and one-time.' She described the labor market as solid and expected it to be close to full employment levels.However, she also cited evidence of vulnerabilities, including weakened labor market vitality, slowing economic growth, and a narrow concentration of job growth, and therefore believes that the Federal Reserve should 'pay more attention to the downside risks facing the employment goal' in future decisions. This is the first substantive comment on the economic outlook from Bowman since she was nominated by Trump and confirmed by the Senate as the Vice Chair for Supervision of the Federal Reserve this spring.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller recently stated that he supports considering interest rate cuts in July, believing that tariffs will not lead to sustained inflation. He mentioned that tariffs will be a one-time factor, and the Federal Reserve should not wait until the job market collapses to cut rates. Waller noted that currently, the job market is stable, but some signs are beginning to emerge, such as a high unemployment rate among recent graduates. For the past six months, the Federal Reserve has been on the sidelines, waiting for the inflation shock to arrive. Waller believes that the Federal Reserve has room to lower interest rates and then see what happens with inflation. Waller stated that the Federal Reserve could meet the conditions for a rate cut as early as July. Before Waller made these remarks, the market had only a 14% bet on the possibility of a rate cut by the Federal Reserve in July.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller stated that there may be a possibility of interest rate cuts as early as the July meeting.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller stated that a rate cut may occur as early as the July meeting.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller stated that a rate cut may occur as early as the July meeting.

ChainCatcher news, according to Jinshi Data reports, the Federal Reserve's dot plot shows that among the 19 officials, 7 officials believe there will be no rate cuts in 2025 (4 in March), 2 officials believe there should be a cumulative rate cut of 25 basis points in 2025, which means 1 rate cut (4 in March), 8 officials believe there should be a cumulative rate cut of 50 basis points in 2025, which means 2 rate cuts (9 in March), and 2 officials believe there should be a cumulative rate cut of 75 basis points in 2025, which means 3 rate cuts (2 in March).

ChainCatcher news, according to Jinshi Data, Federal Reserve officials still expect to cut interest rates by 50 basis points in 2025, but only by 25 basis points in 2026, compared to the previous forecast of a 50 basis point cut.

ChainCatcher news, according to Jin10, U.S. President Trump reiterated that the Federal Reserve should cut interest rates.

ChainCatcher news, Ebury's market strategy director Matthew Ryan stated that two rate cuts by the Federal Reserve in 2025 remain the baseline forecast for most policymakers. Given the significant uncertainty surrounding tariffs, they may not have enough confidence to substantially change their views.However, there is a risk that a minority of officials believe this year's rate cuts will be lower than previously expected, which could be enough to shift the outlook, leaning towards only a 25 basis point cut in 2025. The hawkish dot plot and Powell's emphasis on the lack of urgency to lower rates may provide some room for the dollar to strengthen later this week.

ChainCatcher news, according to Jinshi reports, after the release of U.S. retail sales data, U.S. short-term interest rate futures narrowed earlier gains; traders maintain expectations for a Fed rate cut in September.