The latest Consumer Price Index (CPI) report brought welcome relief to investors and policymakers alike. Inflation slowed down significantly in September, increasing just 0.3% month over month and remaining at 3% annually. These figures exceeded economist expectations, suggesting price pressures are easing. Core CPI also saw a slight increase of 0.2% for the month and 3% annually. This positive news fueled market optimism, with major indices like the Dow Jones Industrial Average hitting record highs. The Dow surged over 500 points, while the S&P 500 and Nasdaq also set new records. Investors viewed the report as confirmation that the Federal Reserve can continue its rate-cutting path, boosting confidence across various sectors of the market.