Odaily Planet Daily News: Julien Lafarge, chief market strategist at Barclays Private Bank, said that the Federal Reserve is expected to open the door to its first interest rate cut in September. Since the market has already digested the expectation of a rate cut of slightly more than 25 basis points in September, the Federal Reserve may find it difficult to reverse these expectations. The Federal Reserve is expected to maintain its data-dependent statement while acknowledging that the data has been moving in the right direction, which may prove that easing monetary policy in the coming months is reasonable. (Jinshi)