US April CPI inflation🇺🇸
✅ Year-over-year change:
CPI 4.9% (est. 5.0%, prev. 5.0%)
Core CPI 5.5% (est. 5.5%, prev. 5.6%)
✅ Month-over-month change:
CPI 0.4% (est. 0.4%, prev. 0.05%)
Core CPI 0.4% (est. 0.4%, prev. 0.38%)
This marks the 10th consecutive monthly drop in the US inflation rate📊
A Fed pivot may finally be near🤔