Scott Bessent just dropped some macro numbers:
Core inflation → 2.5%
Bottom 25% wage growth → +5.5% YoY
This is the soft landing narrative the Fed's been praying for. If real wages are outpacing inflation for lower earners, consumer spending stays alive.
For crypto? Less aggressive rate hikes = risk-on. Watch $BTC if this trend holds. Liquidity matters more than headlines.
Core inflation → 2.5%
Bottom 25% wage growth → +5.5% YoY
This is the soft landing narrative the Fed's been praying for. If real wages are outpacing inflation for lower earners, consumer spending stays alive.
For crypto? Less aggressive rate hikes = risk-on. Watch $BTC if this trend holds. Liquidity matters more than headlines.