Finally, there is some good news!!!

The overall CPI monthly rate is lower than expected and lower than the previous value.

The overall CPI annual rate is lower than expected and significantly lower than the previous value.

The overall CPI index is slightly higher than the previous value, and generally, the CPI index tends to rise, so this is quite good.

The core CPI monthly rate meets expectations but is slightly higher than the previous value by 0.1 percentage points,

The core CPI annual rate meets expectations and is lower than the previous value.

The core CPI index is higher than the previous value, which is a normal increase.

Overall, the CPI data is good, and the overall CPI annual rate, as the main inflation indicator, at 2.4% is very close to the Federal Reserve's 2% target.

In fact, compared to non-farm data, the CPI data is more important. Because even if employment data is better than expected, it is not high compared to historical non-farm employment data.

Moreover, the Treasury Department/Trump needs to lower interest rates to reduce the Federal Reserve's interest.

So, as long as the CPI allows, interest rates will be lowered.

A rapid decline in CPI can allow the Federal Reserve to reach the CPI 2% target earlier and start monetary easing sooner.