ChainCatcher news, according to Jinshi reports, US Bank pointed out in its latest research report that the Federal Reserve should restrain from the impulse to cut interest rates in the September policy meeting, as recent economic data does not support an early start to the easing cycle. The bank emphasized that policymakers supporting interest rate cuts have underestimated the impact of labor supply shocks and the persistence of inflation, with the current inflation rate still above the Federal Reserve's 2% target level. The report warns that the latest tariff increases may cause a more severe and lasting impact on prices.