Deep Tide TechFlow News, August 12, according to Jin Ten Data, Guy Lebas, chief fixed income strategist at Janney Montgomery Scott, stated that the CPI for July was roughly in line with expectations, with little of the tariff impact being passed on to consumer prices. This is certainly enough to secure the possibility of a rate cut in September. There is still some way to go before next month's meeting, but at least with regard to inflation data, the current situation is not concerning. As an independent and impartial economist, these data can be interpreted in two ways: first, the tariff effects have not yet fully manifested, and inflation may rise in the future; second, corporations are digesting the tariff impact, so it will not be passed on to consumer inflation. But in either case, it is sufficient for the Federal Reserve to have a rationale for cutting rates in September, provided that next month's data does not show a significant acceleration.