What did the latest US CPI data show?

The latest US CPI data showed headline inflation at 2.4% year on year, while core CPI stood at 2.5%. Treasury yields slipped after the print, and risk sentiment improved. For Indian investors, this reduces pressure from a strong dollar and can support global equity flows into INR assets if the trend continues.

How does core CPI 2.5% affect Fed rate cut odds?

Core CPI at 2.5% suggests disinflation is progressing, but services remain sticky. Despite that, futures now imply about an 83% chance of a June rate cut. The Fed will need confirmation from the next reports. If services cool further, the probability of a mid‑year move stays high; if not, it could slip.

Which S&P 500 sectors may benefit first?

Quality growth, large‑cap tech, and long‑duration assets usually react first when US CPI data cools and yields fall. Select consumer and communication services can also gain. Cyclicals may need firmer demand signals. Indian investors can access exposure via diversified US funds, while keeping core domestic holdings intact.

What risks could delay a June rate cut?

Sticky services, re‑acceleration in shelter, tariff pass‑through, stronger wages, or a jump in oil could slow disinflation. If upcoming US CPI data runs hotter, Fed officials may prefer to wait beyond June. Markets would likely reprice yields higher, pressuring equity multiples until inflation resumes a clear cooling path.

Global Market Insights

^GSPC Today February 14: CPI 2.4% Lifts June Cut Odds to 83%

ByDanny Kontos February 14, 2026February 14, 2026

US CPI data cooled to 2.4% year on year in January while core CPI 2.5% signaled steady disinflation. Treasury yields slipped and futures now price an 83% chance of a June rate cut. For Indian investors, softer inflation in the US can aid risk sentiment, support global equities, and ease dollar strength. We break down what this means for ^GSPC, sector winners, and how to position from India with a focus on practical takeaways and risk checks.