US Inflation Data 🇺🇸
Release of the Consumer Price Index (CPI) – one of the most important inflation reports:
🔸 Previous Reading: 2.3%
🔸 Forecast: 2.5%
🔸 Actual Reading: 2.4%
📉 Result: Data below expectations, which is negative for the US dollar and enhances the likelihood of a rate cut later.