CPI lower than expecte. Stocks

CPI lower than expecte. Stocks don't go down in a straight line. There will be many dead cat bounces or bear market rallies on the way to the bottom.

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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