Here's your summary from Bloomberg The Open 06/12/2024 (https://www.youtube.com/watch?v=5E8hHtLFWqc) on the Bloomberg Television channel:
### TLDR:
Inflation came in lighter than expected, leading to speculation about a potential rate cut by the Fed.
### Key Points:
1. Signs of slower inflation were seen, prompting discussions about the Fed's rate path forward.
2. Market movements were influenced by the CPI print, with futures jumping higher and yields coming down.
3. Oracle reported better-than-expected bookings and announced key partnerships, leading to a surge in stock price.
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