 CPI estimate 6.5 yyPrior 7.1Core CPI estimate 5.7 yyPrior 6.0Were finally at Thursday and this is what markets have been eyeing all through the start of the year so far. US inflation has eased in recent months and that is breeding market optimism that the Fed may not have to be too aggressive in the final leg of its tightening cycle, as price pressures start to show signs of peaking. 