According to Odaily Planet Daily, Federal Reserve Chairman Powell recently said that he would not send a signal about the timing of future policy actions, and rising inflation is not the only risk facing the economy. After his speech, the possibility of a rate cut in September has increased slightly. Although Powell's speech did not have a big impact on the price of Bitcoin (BTC), the price of BTC was slightly above $57,000 after a brief rebound, and it has risen slightly in the past 24 hours. The latest inflation data will be released on Thursday. The US Consumer Price Index (CPI) report for June is expected to show that prices rose 0.1% last month, and core prices (excluding food and energy) rose 0.2%. On an annual basis, the overall inflation rate is expected to reach 3.1%, and the core inflation rate is expected to reach 3.4%. Any surprises in either direction may quickly change the possibility of a rate cut in September.