US CPI at 2.7% – Bullish for the Market
The latest US CPI reading of 2.7% is a strong signal that inflation is cooling, and it could be a game-changer for the markets. This lower-than-expected number opens the door for the Fed to potentially take a more dovish stance in the coming months, fueling bullish sentiment across equities and risk assets. With inflationary pressures easing, expect market optimism to surge, potentially setting the stage for a fresh rally. The mood just shifted—time to watch those charts closely as the market reacts to this fresh catalyst.