Evercore ISI and Santander Bank: The Federal Reserve will still focus on inflation, and market expectations for interest rate hikes have been adjusted excessively

Evercore ISI stated that the June employment data has returned to normal, and the Federal Reserve will continue to monitor inflation. Santander Bank analyst Stephen Stanley stated that inflation data determines the Federal Reserve's course of action, and the response of financial markets to lower the possibility of interest rate hikes this year is inappropriate.