US CPI falls for the first time since 2020 #shorts #cpi #inflation #warsh #federalreserve

Kevin Walsh makes no news in his prepared testimony. There is no guidance on interest rates, although he does reiterate that inflation is still the focus for the Fed. And as far as inflation is concerned, there's some particularly good news for Chairman Walsh this morning as CPI comes in down 4/10en on the month.This is the first negative print since uh 2026 years. Core CPI is flat for the month. And that puts the year-over-year at three and a half% down from 4.2% for the headline. And for the core, 2.6% do ...