Does The Fed Have A Green or Red Light?

To investors,

The Bureau of Labor Statistics reported a 4.9% increase in inflation year-over-year. This is down 0.1% from the last report and is the first time CPI has been under 5% in nearly 2 years.

This should be celebrated, right?

Maybe. The data has a few nuances that are worth unpacking. Yes, the year-over-year inflation measurement is coming down, …