According to Jinshi, Commerzbank said that the euro/dollar EUR/USD may fluctuate sideways before the ECB's interest rate decision on Thursday. Antje Praefcke, a foreign exchange analyst at Commerzbank, pointed out in a report that US inflation data may not change the Fed's expectations of rate cuts. After the CPI rose 0.2% month-on-month in July, the month-on-month increase in August may be between 0.1% and 0.2%, which is not enough to justify the Fed's 50 basis point rate cut at its meeting on September 18. Inflation needs to be much lower than expected to boost expectations of rate cuts, but this is unlikely to happen.