$ETH The latest CPI and Jobless Claims data are out, and they’re stirring some chatter. CPI for March came in cooler than expected: headline month-over-month dropped 0.1% against a forecast of +0.1%, and year-over-year hit 2.4%, below the 2.5% estimate. Core CPI, excluding food and energy, rose 0.1% month-over-month (versus 0.3% expected) and 2.8% year-over-year, also under the 3.0% forecast. This suggests inflation might be easing faster than anticipated, which could give the Fed some breathing room.U.S. Inflation Slows Sharply – CPI Falls to 2.4%

The latest U.S. Consumer Price Index (CPI) year-over-year report shows a bigger-than-expected drop in inflation, sparking fresh discussions on potential Federal Reserve rate cuts.

🔍 Here’s the breakdown:

Actual CPI: 2.4%

Forecast: 2.5%

Previous: 2.8%

This marks a significant decline from the previous reading of 2.8% and also falls short of analysts' expectations at 2.5%.