Inflation surprise sends stocks into rally mode as January prices cool more than expected

U.S. Inflation Slows Further in January, Bolstering Case for Midyear Rate Cuts

January’s inflation report showed broad-based cooling, with headline CPI at 2.4% and core at 2.5%, strengthening market expectations for a Federal Reserve rate cut as early as June. U.S. inflation cooled more than expected in January, delivering a welcome data point for policymakers and investors navigating a delicate balance between resilient economic growth and lingering […] The post U.S. Inflation Slows Further in January, Bolstering Case for…

Inflation surprise sends stocks into rally mode as January prices cool more than expected

A better-than-expected January inflation report sparked a market rebound Friday, reinforcing optimism that easing price pressures could give the Federal Reserve more flexibility on interest rates in the months ahead. The Consumer Price Index rose 0.2% month over month in January, below expectations for a 0.3% increase. On an annual basis, headline inflation came in at 2.4%, also under forecasts. The data immediately lifted equity markets as inve…