According to “Federal Reserve microphone” Nick Timiraos: Higher than expected inflation data will further support the Fed's interest rate hike next week. This will be the first time in three years that it has raised interest rates. The US Department of Labor announced that core prices excluding food and energy rose 0.3% month-on-month, exceeding analysts' expectations. After this data was released, the market thought that the interest rate hike was almost a foregone conclusion. The inflation data for the previous two months improved slightly, once confirming the central bank's prediction: as the impact of tariffs subsides, inflation will fall in the second half of the year, and this data has broken this positive trend. At the interest rate meeting in July, three regional governors of the Federal Reserve cast objections and advocated raising interest rates. Since then, three other Federal Reserve governors have proposed that if subsequent data shows that inflation has not cooled sufficiently, they will support interest rate hikes at next week's policy meeting.

According to “Federal Reserve microphone” Nick Timiraos: Higher than expected inflation data will further support the Fed's interest rate hike next week. This will be the first time in three years that it has raised interest rates. The US Department of Labor announced that core prices excluding food and energy rose 0.3% month-on-month, exceeding analysts' expectations. After this data was released, the market thought that the interest rate hike was almost a foregone conclusion. The inflation data for the previous two months improved slightly, once confirming the central bank's prediction: as the impact of tariffs subsides, inflation will fall in the second half of the year, and this data has broken this positive trend. At the interest rate meeting in July, three regional governors of the Federal Reserve cast objections and advocated raising interest rates. Since then, three other Federal Reserve governors have proposed that if subsequent data shows that inflation has not cooled sufficiently, they will support interest rate hikes at next week's policy meeting.