U.S. core CPI rises 2.5%, in line with forecasts

U.S. core CPI at 2.5% matched expectations, signaling no fresh inflation surprise to reprice the path of Fed policy. With the data in line, near-term moves are more likely to reflect positioning and rate-volatility dynamics than a fundamental shift. The dollar and front-end rates typically react most directly, while risk assets may see reduced macro pressure but limited directional impulse.