đš US CPI Report just in:
âą Headline YoY: 2.9% (bang on forecast, up from 2.7%)
âą Core YoY: 3.1% (exactly as expected)
âą MoM: 0.4% vs 0.3% forecast
So basically⊠inflation didnât explode, didnât collapse â itâs just⊠vibing. đ¶
Takeaway: Risk-on vibes back on the table đ â good for stocks & alts, a little rougher for USD.