The analyst Enda Curran said that in the context of the debate on the Fed rate cut, it is more or less impossible to cut interest rates in July, so the question is how today's CPI data will push expectations for a rate cut in September. A set of hot data will definitely tend to support a rate cut, but at the same time, the overall low data will also make people believe that the anti-inflation process has returned to the right track. (Jin Shi)