Deep Tide TechFlow News, on August 29, according to Jin Shi Data report, the US July PCE inflation data met expectations, driving the dollar's continued rise. Meanwhile, the market is closely watching President Trump's attempts to pressure the Federal Reserve into cutting interest rates.
Federal Reserve Governor Waller reiterated a dovish stance, and Marc Chandler, Managing Director of Bannockburn Global Forex, stated that in light of the deteriorating labor market, he supports a Fed rate cut in September while advocating to ignore price pressures related to tariffs.