BlockBeats news, on August 12, Wall Street Journal reporter Nick Timiraos, known as the 'Fed's megaphone', stated that the threshold for interest rate cuts has changed following the release of today's CPI data. The interest rate cut plan for September may be hindered due to today's CPI data being too high, and the CPI data from July is also not 'without inflation', but it may still be insufficient to prevent the interest rate cut in September.