According to Jinshi News, Pepperstone strategist Michael Brown stated in a report that the monthly overall inflation data in the United States is not having as significant an impact on the market as it did at the beginning of this cycle. This is mainly because the Federal Reserve has sufficient confidence that inflation will sustainably move towards the 2% target in the medium term. Subsequently, the Federal Reserve has shifted its focus to making the development of the labor market a key driver of future policy changes. A Wall Street Journal survey shows that the overall inflation rate for October is expected to be 2.6%, up from 2.4% in September.