📉 U.S. CORE INFLATION AT ~2.7% – COOLING TREND CONFIRMED 📉
Latest data shows core inflation (excluding food & energy) near 2.7%, close to multi-year lows and approaching the Fed's 2% target. This confirms significant disinflation from 2022–2023 peaks.
✅ Key Implications:
Pressure eases for "higher-for-longer" rates
Opens potential path for Fed rate cuts ahead
Supports softer macro outlook
⚠️ Sticky Components Remain: Services & shelter costs still elevated, prompting Fed caution.
Markets will watch for sustained cooling before expecting aggressive policy shifts. Inflation is retreating — but not defeated yet.