This should be good news!

Consumer confidence in the United States fell again in January!

After three consecutive interest rate cuts in Q4 of last year, consumer confidence in January has significantly declined and is clearly below expectations.

It appears that the CPI for January is unlikely to rise, and may even fall. The CPI for January will be released on February 11, and it may be favorable at that time.

Unemployment + the CPI not rebounding after interest rate cuts, and potentially falling, reduces the resistance for the Federal Reserve to cut rates further.

Of course, it is impossible to cut rates in January, and the probability of a rate cut in March or April is low, but there is still some hope.