The Federal Reserve's interest rate meeting in September is approaching. In August, CPI exceeded expectations, pushing the probability of raising interest rates to 86%. However, Trump once again put pressure on the "world's lowest interest rate", and the 10-year U.S. bond yield approached the 5% mark. Wmax deeply dissects the triple squeeze of inflation, political dilemma, and bond market jeopardy faced by Wash: Internal hawkish differences have become apparent, political constraints in the mid-term elections have become apparent, and fiscal deficits and interest burdens have formed negative feedback. The benchmark judgment is to raise interest rates by 25 basis points but weaken the follow-up guidance. The U.S. debt is supported in the short-term and fluctuates at high levels in the long-term. The US dollar may be "buying in anticipation of selling in reality".