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Max
@ps-max
### A Few Words on Inflation 1/n 👉 Why was the reduction in inflation in May so crucial? In May last year, the monthly CPI was only 0.1%, making it difficult to see a down tick in annual inflation over a 12-month period. 🔽🔽🔽🔽
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Max
@ps-max
2/n 🏳️However, the monthly CPI for May 2024 came in at 0.0%! Now, let's look at the figures for the following months in 2023: June 0.2%, July 0.2%, August 0.5%, and September 0.4%. The biggest up ticks in inflation are yet to come (August and September). 🔽🔽🔽
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Max
@ps-max
3/3 🚀Once these months drop out of the 12-month calculation, the annual inflation rate will fall below 3.0%, prompting regulators to swiftly ease financial conditions. So late of 24, we could see rate cut and new fuel for markets up gains
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