According to CoinMeta, Nick Timiraos indicates that the July inflation report was largely in line with market expectations, alleviating the pressure for the Federal Reserve to raise interest rates next month. Some Fed officials believe it is necessary to maintain higher interest rates, while others suggest that if more data makes current forecasts difficult to uphold, they might also join the hawks' camp. The current interest rate level is considered sufficient to be restrictive, and the persistent high inflation is due to external shocks and the surge in demand brought about by the boom in artificial intelligence development. This data confirms that inflationary pressures are within a controllable range, directly eliminating the necessity for the Fed to raise interest rates aggressively in the short term. The market sees this as a positive signal of a policy shift, and the interest rate environment will be maintained at the current high levels to consolidate anti-inflation gains.