The latest CPI data is in, and inflation has **increased** more than expected! 📊
### Key Takeaways:
- **Month-over-month (m/m):** 0.5% (Forecast: 0.3%, Previous: 0.4%) 🔺
- **Year-over-year (y/y):** 3% (Forecast: 2.9%, Previous: 2.9%) 🚨
- **Core CPI (YoY):** 3.3% (Forecast: 3.1%, Previous: 3.2%) 🔥
Inflation has risen to **3%** — just when we thought we were seeing cooling! 👀
With these higher-than-expected figures, the Fed's next move is becoming even more crucial. Will they stay cautious, or will the data push them to act sooner on rate hikes? 🤔
Stay tuned for the ripple effects across the markets! 🔥💸
