US CPI Year-over-Year comes in at 2.4%, below 2.5% forecast and down from 2.7%

US Consumer Price Index (CPI) year-over-year printed 2.4%, coming in below the 2.5% forecast and marking a change from the earlier 2.7% reading. Forecast was 2.5%, previous was 2.7%, and the actual outcome was 2.4%.