The Bureau of Labor Statistics reported that Q4 2023 Consumer Price Index (CPI) inflation adjustments remained steady at 3.3%, with minor month-over-month revisions indicating market stability. The December CPI was slightly adjusted to a 0.2% increase. Analysts anticipate a decrease in the annual headline inflation rate to 3% for January, attributed to lower energy costs. Market probabilities suggest an 80% chance of the Federal Reserve maintaining the current fed funds rate in March, with potential policy easing by May. The SPDR S&P 500 ETF Trust (SPY) reached a record high, touching the 5,000 mark.