The latest data shows core CPI (excluding food & energy) has dropped to 2.5% YoY, the lowest since 2021. Lower energy prices and cooling rents are driving this disinflation trend, signaling easing inflation pressures in the U.S. economy. Markets are reacting, and expectations for potential Fed rate cuts later this year are rising. While this is good news for consumers, the Fed remains cautious, keeping a close eye on broader inflation measures. #USCoreCPIHitsFourYearLow #InflationUpdate #EconomicTrends #FederalReserve #FinanceNews
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📉 US Core CPI Hits Four-Year Low!
The latest data shows core CPI (excluding food & energy) has dropped to 2.5% YoY, the lowest since 2021. Lower energy prices and cooling rents are driving this disinflation trend, signaling easing inflation pressures in the U.S. economy.
Markets are reacting, and expectations for potential Fed rate cuts later this year are rising. While this is good news for consumers, the Fed remains cautious, keeping a close eye on broader inflation measures.
#USCoreCPIHitsFourYearLow #InflationUpdate #EconomicTrends #FederalReserve #FinanceNews