🔥ATTENTION🔥
🧨Inflation is successfully decreasing and opens the door for interest rates to be cut at any moment this year.
👀Powell previously stated that there was a chance the rate would not be cut this year, but with the significant drop in inflation, they no longer have excuses.
What data do we have to confirm this drop?
▪️The CPI inflation is currently at 2.3%, the lowest since February 2021.
▪️Since January, when the CPI was at 3%, this figure has only continued to fall.
▪️The PPI inflation today dropped from 3.4% to 2.4%, while a 2.5% was expected. Its monthly decline was 0.5%, the largest since 2020.
▪️Since the 3.4% in March, the PPI has only decreased.
▪️The PCE inflation is at 2.3%, the lowest in five months.
▪️Since the 2.6% in January, it has only continued to fall.
