Markets cheering the continued drop in CPI rate. But isn't that decline mostly because we're lapping the big spike of last year? Go to a grocery store, to a restaurant, etc...prices are still crazy high. I don't see how the Fed can be done raising interest rates. Inflation still a problem and it's only going to get worse with the current AI bubble. A soaring Nasdaq means the rich are going to have gobs more money to spend.
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