Group 1 - The Federal Reserve maintained interest rates in July, marking the fifth consecutive pause, but signaled a hawkish stance by delaying potential rate cuts [7] - The dissenting votes from Fed officials Waller and Bowman represent the first instance of two dissenting votes since 1993, indicating internal political divisions [7] - Over 70% of economists express concern over political interference in the Fed's independence, particularly in light of Trump's pressure for rate cuts and threats to dismiss Powell [10] Group 2 - Trump's announcement of a 25% tariff on India starting August 1 has heightened global trade uncertainty, following similar tariffs on China [10] - The term "Tariff Blitzkrieg" has emerged in political discourse, reflecting the rapid and aggressive nature of Trump's tariff policies [11]

Group 1: Federal Reserve Interest Rate Decision - The Federal Reserve decided to maintain the benchmark interest rate at 4.25%-4.5%, marking the fifth consecutive pause in adjustments [3] - There is a low probability of a rate cut at only 2.1%, with market expectations aligning closely [3] - Fed Chair Powell emphasized the need for more data to assess the impact of tariffs on inflation, hinting at a potential rate cut in September with a probability of 63.7% [3] - Internal dissent was noted, with Fed governors Waller and Bowman possibly voting against the decision, marking the first time in 30 years that multiple members opposed a decision [3] Group 2: Trump's Tariff Policy - President Trump announced a 25% tariff on Indian imports starting August 1, citing the protection of U.S. industries, which raises concerns about inflation risks [3] - The new tariff policy adds economic uncertainty, which is a key factor in the Fed's decision to delay rate cuts [3] - Over 70% of economists express concern about political interference in the Federal Reserve's independence due to Trump's pressure for rate cuts [3] Group 3: U.S.-China Trade Dynamics - A consensus was reached between China and the U.S. in Stockholm to extend the suspension of 24% reciprocal tariffs and countermeasures for 90 days [7] Group 4: Gaming Industry Highlights - Anticipation builds for a Nintendo Direct presentation, expected to showcase major titles for the Switch 2, including "Metroid Prime 4" and "Hyrule Warriors" [11] - If the rumors are confirmed, this will be the first major lineup reveal since the Switch 2's launch, potentially breaking player engagement records [11] Group 5: Smart Automotive Industry - The World Intelligent Automotive Conference opened in Chongqing, focusing on the integration of smart driving technology and global strategies [14] - Key discussions include industry transformation paths and capital empowerment, with participation from leading companies like Tesla and BYD [14]