The significance of the January US CPI data is that CPI may begin to fade out of this year's macroeconomic variables, in other words, CPI's impact on the market is becoming increasingly smaller. If we look at the trend of CPI, it started to turn downwards at the end of last year. As previously discussed in a tweet, it was expected that inflation would peak and fall back by the end of the 25th or early 26th. However, the logic behind this decline was discussed in detail in a tweet in early December last year Rising costs are not due to supply disruptions Base effect Trump paid more attention to price and people's livelihood in the past 26 years and will exempt many commodity tariffs related to people's livelihood. This means that inflation has entered a low volatility and predictable range, and the future market is more likely to fluctuate due to self expectation differences rather than the data itself. Like yesterday here https://(x.com)/qinba frank/status/2022308379671368151? S=46&t=k6rimWSEbo2D2TXolYcM-A largely indicates that signs of a downward turning point in inflation have emerged. If inflation continues to maintain this momentum, the key to determining the pace of the Fed's subsequent policies will turn to the labor market. Inflation in 22-24 determines the market, while inflation in 26 is just noise. The source of market volatility in the future will increasingly come from inflation, and the pace of the Federal Reserve's interest rates will largely depend on the trend of the labor market. Simply put, inflation is no longer the "main source of risk" for the market Bitget buys US stocks: instant entry, silky trading http://(bitget. com)/markets/stocks