💥 BIG BREAKING
🇺🇸 US CPI data : CPI YoY: 2.3%
Forecasted 2.4%
Last month 2.4%
#USCPI #CPIData #CPI 🚀
US CPI came in at 2.3%, slightly below both the previous (2.4%) and forecast (2.4%), indicating a modest easing in inflation.
This surprise downside may strengthen expectations for Fed rate cuts, boosting investor sentiment.
Markets could react positively, with equities up and yields/dollar potentially softening.