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Monday morning, the number for U.S. business activity for July was released, revealing a relative slowdown.

The number, which is known on Wall Street as the S&P flash US.. services BMI, dropped from over 53 in June to 52 in July, hitting its lowest level in the last five months.

Some experts in the central bank will be excited for this slowdown, as it could be indicative of a potential slowdown to inflation.

The slowdown to inflation will be heavily impacted by Wednesday’s Federal Reserve meeting, where experts believe the central bank will raise interest rates again.

The rate sits right now at 5.25% and many analysts believe the Fed will increase rates by .25 basis points to 5.5%, which would stand as the highest inflation level since 2001.