币界网报道：The major dovish shifts from Bowman and Waller seem to have caught the market’s attention and caused the dollar to fall. Last week, the market mostly ignored Waller’s suggestion of a July rate cut, but now that Bowman has joined him, it looks more like a trend. Now, maybe it’s just a coincidence that two former hawks who are also Republicans have suddenly turned dovish, but it’s starting to look like a MAGA takeover of the Fed. If there’s one thing Trump has been consistent about throughout his career (and it’s probably only one thing), it’s that he likes low interest rates. He’s been pushing Powell for a rate cut almost since he appointed him, and now he has at least two voters in his corner at the Fed. It’s hard to say what will happen next, as two votes don’t really move the needle. In terms of pricing, the probability of a rate cut at the July meeting has risen to 25% from 15% after Waller’s speech. By the end of the year, the market is pricing in a 58 bps rate cut, and a 117 bps rate cut by October 2026. As a result, the dollar has been under significant pressure since these comments were made. USD/JPY has given back most of its gains for the day. The euro is also now flat.