[Institution: Lower-than-expected PPI helps the Federal Reserve maintain interest rates] According to a report by Jinse Finance on July 16, TruStage Chief Economist Steve Rick stated that the U.S. PPI data coming in below market expectations is a positive development for the Federal Reserve. 'This indicates that inflation may be gradually approaching the Fed's target and could further reinforce market expectations that policymakers can maintain interest rates without considering additional hikes.' He noted that while the fight against inflation is not yet over, softer price data suggests that the Fed has taken another step forward in achieving a better balance between price stability and maintaining a healthy labor market. (Jin10)