President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell, calling him a "stubborn moron" and urging him to substantially lower interest rates immediately. Trump warned that if Powell refuses to cut rates, the Federal Reserve board should "assume control" and take necessary actions to reduce rates. This marks an escalation in Trump's ongoing feud with the central bank's leadership. Following these remarks, market expectations for a rate cut in September have surged significantly. Prediction markets and traders now estimate an 85% to 95% probability of a Federal Reserve interest rate reduction in the upcoming September meeting, with many anticipating a modest 25 basis point cut. The increased likelihood of a rate cut reflects growing market confidence that the Fed will respond to economic conditions by easing monetary policy.