According to CoinMeta, Seema Shah, the chief global strategist at Xinan Asset Management Company, stated that the latest inflation reports do not completely rule out the possibility of a Federal Reserve (Fed) interest rate hike. Although the overall market reaction has alleviated some of the pressure on the Fed, this is not a final conclusion. Today's CPI data and the weak employment report in July may reduce expectations for a hike in September, but the risk of a hike still cannot be completely ruled out. Unless inflation data in August also indicates moderate price pressures, a hike in September remains a risk that cannot be ignored. Additionally, the closure of the Strait of Hormuz continues to pose a risk of rising inflation in the foreseeable future. The baseline assumption is that the Fed will maintain interest rates unchanged throughout the year, but if energy supply disruptions persist, the risk of a hike within the year cannot be ruled out. At the same time, the inflationary pressures driven by AI also cannot be ignored.