US Inflation Data (April)

YoY:

→ CPI: 2.3% (Est. 2.4%, Prev. 2.4%)

→ Core CPI: 2.8% (Est. 2.8%, Prev. 2.8%)

MoM:

→ CPI: 0.2% (Est. 0.3%, Prev. -0.1%)

→ Core CPI: 0.2% (Est. 0.3%, Prev. 0.1%)

Slightly cooler than expected. Markets watching closely.