Jenny learned that the non quarterly adjusted CPI annual rate in the United States recorded 3% in January, the largest increase since June 2024. The seasonally adjusted CPI monthly rate for January in the United States recorded 0.5%, the largest increase since August 2023. The seasonally adjusted core CPI rate for January in the United States recorded 0.4%, the largest increase since March 2024. Traders have adjusted the next Fed rate cut from September to December. Alert, this is not a drill, negative news is coming!