Just saw the latest inflation data and market's reacting pretty interestingly. January's CPI came in softer than expected - only 0.2% monthly, which is less than what economists were calling for. Naturally, interest rate futures are pricing in a higher probability of Fed cuts coming in June now. The market's basically saying we could see around 61 basis points of easing from the central bank, up from 58 basis points before this report dropped. What caught my attention is how quickly interest rate futures shifted on this. It's one of those moments where a single data point can swing sentiment pretty noticeably. If inflation keeps cooling like this, the Fed might actually have room to move sooner than some were thinking. Definitely watching how the next few months play out.

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