Group 1 - The core viewpoint of the articles indicates a significant reduction in inflation concerns among American consumers, attributed to President Trump's retraction of aggressive tariff proposals [1] - The consumer inflation expectations for the next year have dropped to 3.2%, a decrease of 0.4 percentage points from April, while three-year expectations fell to 3% and five-year expectations slightly decreased to 2.6% [1] - The New York Fed's survey provides a more stable perspective on inflation expectations compared to other surveys, reflecting a positive shift in consumer sentiment [1] Group 2 - The White House's National Economic Council Director stated that inflation has seen its most significant decline in four years, contrary to mainstream beliefs, while tariff revenues are increasing [2] - The preferred core inflation indicator, the Personal Consumption Expenditures (PCE) price index, recorded a low of 2.1% in April, with the core PCE at 2.5%, indicating a long-term trend [2] - Consumer expectations for most price categories have decreased, with the anticipated rise in food prices at 5.5%, while gasoline price expectations slowed to 2.7% [2]