RATE CUT HOPES RISE AFTER SOFT CPI Markets are pricing in 2 Fed rate cuts in 2025, up slightly after today's cooler-than-expected CPI report. Inflation is still sticky, but signs of easing have nudged forecasts higher, according to Kalshi. The Fed isn’t rushing to cut, but soft data is shifting expectations. https://kalshi.com/markets/kxratecutcount/number-of-rate-cuts