According to ChainCatcher, citing Jinshi News, Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that the message from core inflation is that tariff-induced inflation may be a process rather than a single event. The impact of tariffs will likely confuse the Federal Reserve and economic commentators in the coming months. As long as the breakeven inflation rate and other market-based inflation expectation indicators remain under control, the Fed should have the confidence to resume rate cuts in September.