According to Odaily, investment strategists Elyse Ausenbaugh from JPMorgan Wealth Management and Emily Roland from John Hancock Investment Management have indicated that the August Consumer Price Index (CPI) report could be a significant factor in economic decision-making. Keith Buchanan, a senior portfolio manager at Global Investments managing $2.5 billion in assets, stated that the August CPI report will either confirm or refute the expectation of a 50 basis point interest rate cut, which would be the largest cut in a long time. Buchanan noted that as inflation decreases, interest rates become increasingly restrictive, so lowering the target rate by 50 basis points may not necessarily shift policy to a fully accommodative stance.