Oh no! The US CPI inflation data has arrived! Will it be good news this time? Let's take a look quickly.

This CPI data is below expectations, which is good news! The core CPI this time is below expectations, which is good news!

The logic behind CPI fluctuations is very simple: if inflation is higher than expected, that's bad news; if it's lower than expected, that's good news. So overall, this data is a huge positive! It is favorable for a rate cut in January.