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U.S. CPI data released Thursday showed a year-over-year reading of +null%, against an expected +3.9%, while core CPI came in at +null% versus a +2.8% consensus, according to a Tree News alert. The print lands as a key input for Federal Reserve rate expectations, with traders watching whether the softer-than-forecast headline shifts the timing of the next policy move. Markets will look to the next inflation release and Fed commentary for confirmation of the trend.

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U.S. CPI, U.S. Core CPI