Former President Donald Trump has urged the United States to pursue the lowest interest rates globally, potentially adding political pressure as markets assess the Federal Reserve’s next move. Market pricing assigns a 53% probability to a rate hike at the central bank’s upcoming meeting, while the current target range remains 3.50%-3.75%. The Federal Reserve (U.S. central bank) sets borrowing costs that influence economic activity, making the gap between Trump’s preference and recent policy a focus for investors. Market participants will watch official comments from the Federal Reserve and key members, including Chairman Kevin Warsh, as well as the upcoming Federal Open Market Committee meeting. Inflation and employment data will provide additional context, while markets assess whether political pressure aligns with or diverges from monetary policy.