February CPI came in as expected but the Iran conflict complicates things

The Price is RIGHT‼️
This morning’s Consumer Price Index (CPI) release from the Bureau of Labor Statistics shows that inflation remained remarkably steady through February, coming in exactly as economists predicted. For the second month in a row, the Headline CPI held firm at 2.4% year-over-year, signaling a period of stabilization even as specific sectors like energy and housing continue to shift.

Are the Prices getting right?

Hard to tell right now. The Iran conflict has thrown things a bit off-course. The big question remains: Is there enough stability for the Federal Reserve to feel confident to cut? Stay Tuned‼️
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