INFLATION COOLS SLIGHTLY, FED STILL ON HOLD 🔸CPI: +0.9% m/m, +3.3% y/y (in line / slightly soft) 🔸Core: +0.2% m/m, +2.6% y/y (cooler than expected) A mild downside surprise—but not enough to shift policy. Traders still bet the Fed stays on hold through 2026. inflation is easing, but not fast enough to trigger cuts. https://kalshi.com/markets/kxratecutcount/number-of-rate-cuts/kxratecutcount-26dec31?utm_source=walterbloomberg(*Walter Bloomberg)