After yesterday's hearing, the market still has the highest probability of not cutting interest rates in July, and September may be the first interest rate cut of 2025, with the second one possibly in December. The other two Fed directors, Waller and Bowman, who called for interest rate cuts in July, were promoted by Trump. Waller is still one of the candidates for the next Federal Reserve Chairman. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex