#CPI&JoblessClaimsWatch Cooling Inflation: A CPI of 2.4% indicates that inflation is easing faster than forecasted. This could be seen as a positive sign for consumers, as it reflects slower price increases across goods and services.
Federal Reserve Watch: With inflation retreating, pressure may ease on the Federal Reserve, opening the door for discussions around future interest rate cuts. Investors will be watching the next FOMC meeting closely.