
🟡 Headline CPI rose 0.3% MoM, lifting annual inflation to 2.7%, in line with forecasts.
🟡 Core CPI up 0.2% MoM, annual core inflation at 2.9%, matching estimates.
🟡 Tariffs may be impacting prices—apparel & home furnishings climbed, while vehicle prices fell.
🟡 President Trump renews pressure on the Fed to cut rates following the report.
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