Odaily Planet Daily News: JPMorgan Chase economists said Wednesday's consumer inflation report and the Fed meeting increased the risk that the first rate cut would be in September, but their baseline forecast is still a rate cut in November. "Overall, while the median of the dot plot this year was slightly unexpected, our view of the Fed this afternoon is not much different," Michael Feroli, chief U.S. economist at JPMorgan Chase, wrote in a report, "We continue to believe that the first rate cut will be in November, and after this morning, the risk may be more inclined to September rather than December." (Jinshi)