Vance joins Trump in bashing Powell, says Fed committing 'monetary malpractice' by not cutting rates
1. VP JD Vance pushes for lower interest rates alongside President Trump. 2. Recent CPI data shows low inflation despite tariff impacts. 3. Markets assign zero probability for a Fed rate cut in the short term. 4. Traders expect a potential rate cut in September, contrary to current FOMC opinions. 5. Easing inflation raises expectations for monetary policy adjustments by the Fed.