U.S. CPI Data: Inflation Slows, Markets Await Monetary Policy

In a recent announcement, the Consumer Price Index (CPI) of the United States for last month recorded an increase of 2.4%, slightly lower than the estimate of 2.5%. Compared to the previous period, this index increased slightly from 2.3%.

For Core CPI, this index remained unchanged at 2.8%, the same as last month, but also slightly lower than the estimate of 2.9%. This stability in the Core CPI index indicates that inflationary pressures are still present; however, the rate of price increase shows signs of slowing down.

These data reflect the current economic situation in the United States, with all eyes on monetary policy and the next moves of the Federal Reserve to control inflation.