Wall Street witnesses a new big bull as inflation resumes a downward trend. This is evident from the latest Consumer Price Index (“CPI”) report released by the U.S. Bureau of Labor Statistics, which shows that U.S. consumer prices increased less than expected in April 2024. The CPI rose 0.3% over the previous month and 3.4% over the prior year in April. This indicates a deceleration from March 2024, in which CPI grew 3.5%. Economists are of the view that price pressure will be down gradually and, thus, infl ...