Group 1 - The core CPI year-on-year for July increased to 3.1%, surpassing the previous value of 2.9% and the expected value of 3% [1] - The nominal CPI year-on-year for July remained at 2.7%, matching the previous value but falling short of the expected 2.8% [1] - The core CPI's increase of 0.2 percentage points indicates strong consumer demand, suggesting insufficient reasons for the Federal Reserve to resume interest rate cuts [3] Group 2 - Following the CPI data release, the dollar index experienced a sharp decline, dropping from 98.55 to 98.18 within five minutes, continuing to fall in the subsequent hours [3] - The market interprets the inflation performance as weaker than predicted by Powell, with Trump's tariff policies not significantly raising inflation levels [3] - The dollar index has been in a weak cycle, declining from a high of 110.15 to a low of 96.34, reflecting a cumulative drop of 12.53% this year [4]