🔥ATTENTION🔥
🧨Inflation is successfully decreasing and opens the door for interest rates to be cut at any moment this year.
👀Powell previously stated that there was a possibility that the rate would not be cut this year, but with the significant drop in inflation, they no longer have excuses.
What data do we have to confirm this drop?⁉️
▪️The CPI inflation is currently at 2.3%, the lowest since February 2021.
▪️Since January, when the CPI was at 3%, this figure has only continued to fall.
▪️The PPI inflation today dropped from 3.4% to 2.4%, while a 2.5% was expected. Its monthly drop was 0.5%, the largest since 2020.
▪️Since the 3.4% in March, the PPI has only continued to decrease.
▪️The PCE inflation is at 2.3%, the lowest in five months.
▪️Since the 2.6% in January, it has only continued to fall.