USD CPI next week - still leaning disinflationary

Heading into next week's USD CPI print, I'm still weighing the probabilities heavily towards a disinflationary trend continuing, albeit potentially with some choppiness. Core CPI m/m below 0.3% seems a 65% probability to me. We've seen some softening in various components, and while energy prices can always surprise, the broader economic data points to a cooling. This would likely solidify Fed inaction in the near term, keeping rate cut discussions alive for later this year.