#CPI&JoblessClaimsWatch U.S. Inflation Slows Sharply – CPI Falls to 2.4% The latest U.S. Consumer Price Index (CPI) year-over-year report shows a bigger-than-expected drop in inflation, sparking fresh discussions on potential Federal Reserve rate cuts. 🔍 Here’s the breakdown: Actual CPI: 2.4% Forecast: 2.5% Previous: 2.8% This marks a significant decline from the previous reading of 2.8% and also falls short of analysts' expectations at 2.5%. 💡 What Does This Mean? Cooling Inflation: A CPI of 2.4% indicates that inflation is easing faster than forecasted. This could be seen as a positive sign for consumers, as it reflects slower price increases across goods and services. Federal Reserve Watch: With inflation retreating, pressure may ease on the Federal Reserve, opening the door for discussions around future interest rate cuts. Investors will be watching the next FOMC meeting closely. Market Reaction: Typically, a lower-than-expected CPI can boost: 📈 Equity markets (due to expectations of looser monetary policy) 📉 The U.S. dollar (as lower rates can weaken the currency) 🪙 Crypto assets (as investors turn toward alternative stores of value) #CPI&JoblessClaimsWatch #MarketRebound #CryptoManMab
the pakistan affairs (T***** N*T) a so-called Al-driven trading platform, has turned out to be one of the biggest P*nzi schemes ever to hit Pakistan, with reports estimating that Pakistanis have lost a staggering Rs. 44.4 billion. The platform lured investors with promises of daily returns between 4.3% and 6.8% and monthly profits of up to 30%, creating the illusion of easy wealth. However, financial experts and regulators are now warning that these unrealistic guarantees were nothing more than a classic pyramid scheme, where profits were paid using money from new investors rather than real business activity.