US CPI Data Shows Cooling Inflation at 2.4%

The U.S. Consumer Price Index (CPI) for March saw a decrease, landing at 2.4%, lower than the expected 2.5%. This positive development follows President Trump’s 90-day pause on tariffs, creating renewed optimism in the market. As inflation rates slow, financial markets are reacting swiftly. Bitcoin, which had been underperforming, has experienced a surge past $82,000. However, will this rally be sustainable or simply a short-lived boost?