Inflation Cools: February CPI Lower Than Expected, Market Surges!

Shernice軒嬣 2000
03-12

 Inflation came in lower than expected, and the index made a big rebound!

Prepare for the rally!

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February CPI rose 0.2% month-over-month and 2.8% year-over-year. Core CPI, which excludes food and energy, also increased 0.2% monthly and 3.1% annually—both figures came in below market expectations.


Although housing costs rose 4.2% over the past year, this was the smallest 12-month increase since December 2021. Other major price hikes over the past year include car insurance (+11.1%), healthcare (+2.9%), entertainment (+1.8%), and education (+3.7%).

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Modified in.03-12
April CPI Lower Than Expected! Rate Cut in Sept.?
April CPI rose 2.3% year-over-year, below the expected 2.4% and down from the previous 2.4%. Core CPI increased 2.8% year-over-year, in line with expectations and unchanged from the previous reading. Traders have increased their expectations for Fed rate cuts, now betting on a first cut in September and a second one in October. ------------- Will Fed cut rate in September? How will market move tonight?
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