According to CoinMeta, Daiwa indicates that the stability in July CPI may allow the Federal Reserve to maintain interest rates unchanged at its September policy meeting. Daiwa points out that housing trends are key; although there is still price pressure in areas such as healthcare and airfares, the performance of the housing sector is approaching pre-pandemic normal levels. Daiwa emphasizes that recent CPI data shows that inflationary pressures affected by the Iran conflict are weakening, although underlying inflation remains above the Federal Reserve's 2% target.