Market Domination anchor Allie Canal breaks down the latest market news for August 12, 2025
Stocks rallied following the July CPI report. According to the CME Fedwatch tool, Wall Street is pricing in a 94% chance of a 25 basis point rate cut at the September meeting. We spoke to two experts about why the Fed is more concerned with labor market weakness rather than inflation and why July’s CPI report provides more hope for a September rate cut.
President Trump once again criticized Fed Chair Powell on Truth Social and called on him to lower interest rates. The president referred to the Fed chair as “Jerome “Too Late” Powell.” Trump also threatened a “major lawsuit” over renovations to the Federal Reserve building.
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