đ„ CPI đșđž
âĄïžÂ CPI: This month = 2.4% Estimate = 2.3% Last month = 2.5%
âĄïžÂ Core CPI: This month = 3.3% Estimate = 3.2% Last month = 3.2%
The marketâs initial reaction to the 0.5% interest rate cut is positive. Although the CPI is 0.1% higher than expected, it hasnât spiked dramatically. Another interest rate cut is likely to follow.