CONSUMER PRICE INDEX +2.4% VS 2.4% EXPECTED
+2.5% CORE VS 2.5% EXPECTED
came in line with expe...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
The Consumer Price Index (CPI) and Core CPI both met expectations at +2.4% and +2.5% respectively, providing stability following recent misses in PPI and PCE data. Despite these figures meeting forecasts, the probability of a rate cut in March remains low at under 2%.
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