Unexpected Shift in Inflation: Insights into the Latest CPI Figures

Inflation finally seems to be taking a breather, easing its relentless grip on our economy. The market had anticipated a quarter point interest rate hike on July 26th as they expected our relentless Fed to continue its battle against inflation. Yet, this morning, our latest CPI figures are heading in a promising direction - down! Yes, you heard it right! Inflation’s not so ‘inflated’ anymore! This promising revelation acted as a fresh gust of wind, soaring stocks higher. There’s a chance that our powerful Fed friends might consider a pause again this month. Core CPI came in at a rather shocking 4.8%, trailing behind the anticipated 5%. That’s a significant step down from last month’s daunting 5.3%. Without a doubt, this slowdown in inflation is a much-needed reprieve. Today, we’re celebrating good news! Let me know in the comments. 🤔 💰 Join My FREE Discord Group: 🚀 Connect With Me on Social Media! ►► ► My LINK TREE ◄◄◄ 👍 JOIN Bitfolio Academy Coaching Community: 🔥 FREE Cyptocurrency Course: 💻 Bitfolio Academy Blog: 💵 Send me a Satoshi: ⚡️bitfolio@ Crypto Sherpa 🚀 Sharing lessons on crypto as I try to minimize risks and shorten time horizons 📈 Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions. #inflation #costofliving #money #economy #stockmarket #cpi