The December CPI report shows that some prices are decreasing while others continue to rise. Despite this, investors were satisfied with the report, leading to a rally in the S&P 500 and Nasdaq Composite indexes. Prices increased according to forecasts, and core CPI slightly slowed down. The report had little impact on interest rate expectations, with analysts still predicting steady rates in the near future. The report indicates progress in moving inflation back to its target, and analysts predict fewer rate cuts in 2025. However, there are potential risks and uncertainties in the policy outlook for this year.



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