Got home late today and forgot to check the CPI data. From the released numbers, overall inflation looks pretty decent. Both the annual and monthly rates of broad inflation met expectations. Although the monthly inflation rate was slightly higher than the previous value, it’s still within expectations, so it’s not a big issue—mainly due to the rise in energy prices. But energy and food aren’t included in core inflation, so we can see that the annual core inflation rate is equal to the previous value and expectations. The monthly core inflation rate is also in line with expectations and lower than the previous value. This is helpful for the Fed’s rate cuts—at least inflation hasn’t worsened. Wage growth has slightly declined, let’s wait and see for now. No major impact for the time being. Bitget VIP, lower fees, crazier perks.