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US inflation data met expectations, but market reaction remains cautious. The Consumer Price Index (CPI) increase was largely in line with forecasts, both in terms of year-over-year growth and core data. Although the data was not exceptionally strong, it was also not weak enough to alleviate market concerns. As the final inflation reading before the US Federal Reserve's policy meeting, the market is focused on the Fed's response. Next week will reveal whether inflation is significant enough to prompt the Fed to signal a rate hike. Market participants are eagerly awaiting the Fed's decision, which will likely impact the direction of interest rates #USCPIHot4.2CoreCools #SpaceXIPOvsOpticsCrash #HormuzStrikeRiskOff