đ U.S. Inflation Softer Than Expected!
January CPI came in at 2.4% Y/Y, below forecasts â . This weaker inflation is pushing Treasury yields down and bond markets up đ. Traders are now expecting the Fed might cut rates sooner đź.
đĄ Market impact:
Bonds rally đ
Stocks mixed but slightly up đ
Fed rate-cut expectations rise đ”
đ Source: Reuters
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