Just dropped: U.S. inflation data hit expectations across the board. CPI came in at 0.3% month-over-month and 2.7% year-over-year—exactly where forecasters called it. Core inflation was slightly softer, printing 0.2% M/M against the anticipated 0.3%, while the annual core reading landed at 2.6% versus 2.7% expected. Markets are watching closely as this shapes what's next for rate policy and asset valuations. SPY showing the broader market's reaction to the numbers.