Trump pushes for rate cut, but Fed likely to hold firm

Trump pushes for rate cut, but Fed likely to hold firm

US President Trump is urging the Fed to slash rates to support the economy, but markets expect no move. A Stocktwits poll shows 62% predict no change, with CME data placing odds at 99.9%. Weaker hiring and mild inflation offer room to cut, but Fed Powell remains cautious amid ongoing global tensions.

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