CPI WATCH: Inflation Drops to 5-Year Low; Markets Bet on Fed Pivot
WASHINGTON (Feb 14, 2026) — Investors and traders are on high "CPI Watch" this morning after the Bureau of Labour Statistics released January’s inflation data, which significantly undershot market expectations. The report has triggered a widespread "everything rally" as the prospect of aggressive interest rate cuts in 2026 moves from a hope to a likely reality.

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