🚨BREAKING: US Inflation Plummets to 1.16% — Fed Under Pressure 🇺🇸📉
Inflation: 1.16%, well below the Fed’s 2% target
Implication: Jerome Powell risks over-tightening if rates stay high; rate cuts now likely
Market impact: Potential volatility across stocks, bonds, USD, and crypto
Why it matters: Sudden drop reverses months of high inflation, signaling possible lower borrowing costs for businesses and households
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