Analyst: Inflation will no longer be a problem, the Fed will follow the labor market.

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On August 14th, Jinshi Data, Plante Moran Financial Advisors Chief Investment Officer Jim Baird said: "Currently, we see that the inflation pressure has indeed significantly dissipated." "The recent inflation rate is not a problem... It is generally believed that the worst period has passed." Baird said: "Given the relative weakness of the labor market and the rapid decline in inflation, which people are following, and I expect inflation to continue to decline in the coming months, it would be a surprise if the Fed does not quickly turn to loose policy, that is, to cut interest rates in September," "If they do not do so at the September meeting, the market will not be receptive."

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