Federal Reserve spokesperson: July CPI being too high may not affect the rate cut in September

ChainCatcher news, according to Jinshi, "Fed's mouthpiece" Nick Timiraos stated that the threshold for interest rate cuts has changed after the July employment report was released.

Although the interest rate cut plan for September may be hindered by today's CPI data being too high, the July CPI data is not "inflation-free," and its intensity may not be enough to prevent the rate cut in September.