The U.S. CPI is settling down 🤗
I'm pleased that the CPI(Consumer Price Index) and Core CPI are settling down 😊 Investors are waiting for the rate cut as soon as possible. But, market participants still anticipate that the next rate cut would be in this June.
I don't know whether Trump administration and DOGE(Department of Government Efficiency) can deal with the possibility of the next recession well. If they overcome this crisis, it will be a GOAT(Greatest Of All Time) administration in the U.S. history. Cause, recessions have always followed the recovery of yield curve inversions.
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