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The latest US CPI report just landed, and it's holding steady with forecasts.
December's unadjusted CPI came in at 2.7% year-over-year—exactly what markets were pricing in. Core CPI? That's the interesting bit. Core inflation printed 2.6%, actually coming in cooler than the expected 2.7%, suggesting some cooling in underlying price pressures.
For crypto traders watching Fed policy, this data matters. A softer core reading could shift how the central bank approaches rate decisions going forward. Keep an eye on whether this supports the easing narrative or if sticky inflation concerns linger.