#PEPE U.S. Treasury Secretary Bessent stated that U.S. and Chinese economic and trade officials will hold the third round of trade consultations next week in Stockholm, Sweden.

On the originally scheduled interest rate cut date of September 17, the probability of an interest rate cut has recently plummeted.
Currently, it is only less than 60%.

China is forcefully shutting down production capacity to drive up raw material prices, exporting inflation back to the U.S. If the talks next week do not go smoothly, they will continue to increase exports to the U.S. When inflation rises in the U.S., it will automatically delay the rate cuts of the dollar.