Hmm this is encouraging. The Cleveland Fed (Nowcasting) is onboard with the YoY CPI heading lower. They're forecasting a lower than 2.9% reading for the month of February. Any reading of 2.9% or lower will be welcomed news for stocks when the actual CPI comes out. March is looking even better. 📎 https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting