CPI Inflation Remains in CheckThursday on Wall Street began with encouraging economic data. In the morning, the Consumer Price Index (CPI) number met Wall Street expectations with a 2.9% year-over-year inflation rate. One of my favorite trading adages is “Words talk, data screams.” Following President Donald Trump’s ‘Liberation Day,’ most Wall Street Pundits anticipated elevated, tariff-induced inflation. While inflation is not all the way down to the Fed’s target of 2%, inflation remains tame. The fact of ...