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#USCoreCPIHitsFour-YearLow 📉
America (US) has breaking news! Core CPI (inflation rate) has fallen to its lowest level in the past 4 years. This is the first time since March 2021 that inflation has come so low.
Key Highlights:
Core CPI: Now at 2.5% (Better than expected).
Headline Inflation: It has also decreased to 2.4%.
Main Reasons: A drop in fuel prices and cheaper used cars have been major factors in this decline.
What Will Be the Market Impact?
Interest Rates: With inflation decreasing, the Federal Reserve may further cut interest rates.
Stock & Crypto Market: When inflation is low, the chances of stocks and assets like Bitcoin rising increase.
General Public: Slower inflation improves people's purchasing power.