10x Research: The inflation report to be released on August 14 will show that the inflation rate will drop below 3.0%.
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Odaily Odaily News 10x Research said in its report that while the Fed's statement remained flexible and did not explicitly state that interest rates would be cut in September, Chairman Powell's comments in the subsequent question-and-answer session hinted at the possibility of a rate cut, depending on the expected decline in inflation. Previously, Powell said that the Fed would only start cutting interest rates when the case for multiple rate cuts was clear enough. If the Fed continues to cut interest rates in September, there may be several more rate cuts if the economy remains stable, providing substantial stimulus to financial markets. According to its model, the upcoming inflation report on August 14 is expected to show that the inflation rate has fallen below 3.0%. From August to October, the market is entering a period of favorable year-on-year inflation. In addition, the record high price of gold may be a positive sign for Bitcoin.
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