๐จ BREAKING NEWS ๐จ
The US Consumer Price Index (CPI) just came in at 2.7%! ๐คฏ
Market expectations were at 3.1%, so this is a significant downside surprise!
This means inflation is cooling faster than expected โ a big win for the markets.
A lower CPI typically signals that the Fed might ease up on interest rates sooner than anticipated. This boosts confidence in rate cuts and gets investors excited about risk assets.
In short, this is BULLISH for the markets! ๐ฅ๐ Expect a surge as optimism grows!