🚨 Core CPI Hits New Lows: What It Means for Inflation and Markets 🚨
The recent Core CPI data signals a shift in inflation trends, reflecting its lowest levels since early 2021. Here's what you need to know:
📉 July's Core CPI rose by 0.17%, matching expectations.
📊 12-month rate dropped to 3.2%, the lowest since May 2021.
📉 Six-month annualized rate fell to 2.8%, the lowest since March 2021.
🟢 Three-month annualized rate plummeted to 1.6%, also the lowest since March 2021.
This decline suggests cooling inflation, which could influence the Fed's next moves. Stay informed and share your thoughts below! #LowestCPI2021