It's the first time when the U.S. CPI is less than 3.0% since 2021 March. I have not known it's difficult to maintain the CPI around 2%. Anyways, it's good for the financial markets. It won't be burderning the next interest rate decision.
It seems the first interest rate cut is coming. The next decision is about 1 month left. I hope that the U.S. labor market is not getting much weakened for a while.
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