Odaily Planet Daily News Orion Chief Investment Officer Rusty Vanneman said that today's CPI report was basically in line with expectations, and the overall CPI was slightly better than expected, falling from the expected 3.0% to 2.9%. Last month, the overall CPI was also 3.0%. Considering this week's inflation data (including yesterday's PPI data), and the fact that short-term inflation expectations based on the market and surveys have fallen to multi-year lows, the possibility of the Fed cutting interest rates in September is still very high. (Jinshi)