Inflation Slowdown, Core CPI Surprise, and Forex Market Outlook
Inflation is moving faster than the days themselves, and today’s market data sheds light on where we’re heading. The U.S. core CPI figures were released, surprising many, including me. The core CPI came in at 0.2%, lower than the expected 0.3%, while the regular CPI landed as anticipated at 0.4%. While the drop may seem minor, it’s an indication that inflation, though still sticky, is starting to slow down.
ACY