美国CPI报告平稳落地，美股继续牛、美元缓缓落？

Group 1 - The Federal Reserve is widely expected to cut interest rates by 25 basis points in September, supported by recent inflation and employment data [1][4][5] - The July Consumer Price Index (CPI) showed a moderate increase, with overall inflation rising 0.2% month-on-month and 2.7% year-on-year, while core inflation rose 0.3% month-on-month and 3.1% year-on-year [4][5] - The impact of tariffs on inflation has been unexpectedly mild, with energy prices down 1.1% and food prices stable, indicating that businesses are absorbing most of the additional costs associated with tariffs [4][5] Group 2 - The U.S. job market shows signs of weakness, with potential downward revisions to employment data, which may pressure the Federal Reserve's stance [6][8] - The dollar index has resumed its downward trend, indicating potential weakness for the dollar unless other major central banks act more quickly to ease policies [8][9] - The U.S. stock market has rebounded significantly since April, driven by strong earnings recovery, particularly in the technology sector, which has outperformed other sectors [11][12] Group 3 - The Nasdaq index is approaching the 24,000-point mark, with potential for further gains if it can maintain levels above 24,100 points [12] - The overall market rebound is concentrated among a few leading companies, with the S&P 500 index showing that only a small percentage of companies have reached new highs [11]