The latest CPI report managed to lift sentiment on Wall Street, but here's the catch—those numbers won't be strong enough to convince the Federal Reserve to pull the trigger on a rate cut this month. The data shows some cooling in inflation pressures, which traders took as a win. Still, the Fed's threshold for action remains higher. This means market participants should brace for a holding pattern from the central bank in the near term, with rate decisions likely staying on pause despite the mixed inflation signals.