[Institution: Fed's July Rate Hike Window Opens, Delaying to September May Risk Political Criticism] Jin10 News, July 29 – James Ragan, Co-Chief Investment Officer and Director of Investment Management and Research at investment bank D.A. Davidson, stated that since the Fed's last meeting, inflation data has been moderate and job growth has been modest. However, the escalation of U.S.-Iran military conflicts in July has disrupted these positive trends. This suggests that the inflation progress achieved in June at the overall level may be reversed, and the Fed must assess whether core inflation trends are more persistent. If the Fed determines that higher inflation expectations are forming, they should raise rates in July rather than wait until September. This is especially important considering the midterm elections later this year, where taking action at that time could invite political criticism.