Inflation Hits 2.7% – What Does It Mean for You? 🤔
🟢 Annual Increase: CPI climbed to 2.7% year-over-year in the latest report, up from 2.6%, with a 0.3% monthly rise.
🟢 Core Inflation Steady: Excluding food and energy, core CPI stood at 3.3% annually and 0.3% monthly, perfectly aligned with expectations.
🟢 Market Reaction: Traders now see a 99% chance of a rate cut, as measured by CME Group’s FedWatch tool.
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