Inflation softens, this is great news.
S&P 500 futures gain as Fed’s preferred inflation gauge shows slowing inflation
Both the headline and core measures remain ahead of the Fed’s goal for 2% annual inflation, even though the core reading on an annual basis was the lowest since February 2021.
While the Fed officially uses the headline measure, policymakers tend to pay more attention to core as a better indication of where long-term trends are heading. #IntroToCopytrading