The US economy has been grappling with inflationary pressures over the past year, causing concern among policymakers and investors alike. However, the latest Consumer Price Index (CPI) report has shown a glimmer of hope, indicating that headline inflation eased from 6% in February to 5% in March. According to Hugh Gimber, global market strategist at JPMorgan Asset Management, this is a promising sign that the Federal Reserve’s aggressive efforts to raise interest rates are bearing fruit. “The me