
🚨 U.S. INFLATION UPDATE 🇺🇸 Headline CPI (YoY) came in at 4.2%, matching expectations and rising from the previous 3.8%. 📈 Monthly CPI increased 0.5%, also in line with forecasts. 🇺🇸 Core CPI (YoY) rose to 2.9%, exactly as expected. 📉 However, Core CPI (MoM) came in at 0.2%, below the expected 0.3% and down from the previous 0.4% — a potentially encouraging sign on underlying inflation pressures. Markets are now digesting a mixed report: headline inflation moved higher, but core monthly inflation showed signs of cooling.
