On Tuesday, the latest data released by the U.S. Bureau of Labor Statistics showed that the number of JOLTS job openings in the United States rose slightly to 7.271 million in July. At the same time, the number of layoffs fell to the lowest since January this year, indicating that the labor market is rising costs and household budgets. Remain resilient despite pressure.

The analysis believes that the overall stability of the US labor market may enable the Fed to continue to focus on high inflation, and interest rate hikes are expected to continue to rise.

According to the "Fed Watch" tool, the probability of the Fed raising interest rates in September is now more than 66%.