Wall Street Insights, citing Bank of Nassau 1982 Chief Economist Win Thin, said that the U.S. August CPI still does not appear to have met the “inflation back to 2%” standard proposed by Federal Reserve Governor Kevin Warsh. With the market having nearly fully priced in next week’s rate hike, he expects the Fed to continue raising rates. If expectations are fulfilled, the U.S. dollar and short-term yields may remain strong, and risk assets, including the crypto market, may still face valuation and sentiment volatility in the near term. Going forward, greater attention should be paid to changes in the CPI components and the Fed’s remarks.