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💥 US inflation data has been released!!
➡️ Core Consumer Price Index (CPI) (Monthly):
* Previous: 0.2%
* Expectation: 0.2%
* Announced: 0.1%
➡️Consumer Price Index (CPI) (Annual):
* Previous: %3.3
* Expectation: 3.1%
* Announced: 3.0%
Consumer Price Index (CPI) (Monthly):
* Previous: 0.0%
* Expectation: 0.1%
* Announced: -0.1%
Data came in below expectations, POSITIVE for the markets...
The possibility of two or more interest rate cuts by the Fed has increased.
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