On Wednesday, Wall Street Journal reporter Nick Timiraos, who is regarded as the "mouthpiece of the Federal Reserve" and known as the "New Federal Reserve News Agency", published an article commenting on the U.S. CPI data in June. He believed that U.S. inflation fell to the lowest level in more than two years in June, making the U.S. It eased a painful period of rising prices and raised the possibility that the Federal Reserve would stop raising interest rates after a possible hike this month.