*INFLATION DATA UPDATE*
➖➖➖➖➖➖➖
*🇮🇳 India CPI Inflation (YoY) – July*
• 🔴 Actual: 4.45%
• Previous: 4.38%
• Est.: 4.40%
→CPI came in slightly above expectations.

*🇺🇸 US Core CPI (YoY) – July*
• 🟢 Actual: 2.5%
• Previous: 2.6%
• Est.: 2.5%
→Core inflation eased from 2.6% to 2.5%, in line with expectations.

*Market Impact:*
🇮🇳 Higher-than-expected India CPI → Slightly negative for rate-cut expectations

🇺🇸 Cooling US Core CPI → Positive for Fed rate-cut expectations & equities

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