US Inflation at 2.4% | Core CPI Misses at 2.8%—Both Below Forecast

🔴 CPI Slowsdown: Consumer prices rose just 0.1% in the month, putting annual inflation at 2.4%.

🔴 Core Inflation Misses: Core CPI (ex-food & energy) increased only 0.1% MoM and 2.8% YoY—under forecasts of 0.3% and 2.9%.

🔴 Energy & Goods Decline: Falling energy costs and surprise drops in vehicle and apparel prices helped ease overall inflation pressure.

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