After concerns about "inflation" eased, the risk of "stagnation" also decreased. On August 15 local time, the US "terrorist data" retail sales were better than expected, the number of people applying for unemployment benefits fell to the lowest level since early July, and Wal Mart's financial report was bright. A series of good news swept the previous recession, and the possibility of the Federal Reserve cutting interest rates by 50 basis points in September further dissipated.