US PCE inflation came in at 3.4% YoY, below the 3.7% forecast, while Core PCE also showed softer-than-expected numbers.

Meanwhile, the labor market is showing signs of cooling. JOLTS job openings dropped to 7.079M, missing expectations of 7.230M.

📉 Cooling inflation + weaker hiring demand = More room for the Fed to pause rate hikes.

This could be a significant macro signal for financial markets, including crypto. 👀$BNB $LSK

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