Gracciiaa
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Gracciiaa
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ZEN ARLO
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Bullish🚨 FED JUST GOT A STRONGER REASON TO PAUSE
US PCE inflation cooled to 3.4% YoY vs. 3.7% expected, easing fears that inflation was reaccelerating. Core PCE also came in softer than forecast.
And the labor market is cooling too.
JOLTS job openings fell to 7.079M vs. 7.230M expected, down from 7.335M previously.
Cooling inflation + softer labor demand = more room for the Fed to pause before another rate hike.
Markets just got a major macro signal.
US PCE inflation cooled to 3.4% YoY vs. 3.7% expected, easing fears that inflation was reaccelerating. Core PCE also came in softer than forecast.
And the labor market is cooling too.
JOLTS job openings fell to 7.079M vs. 7.230M expected, down from 7.335M previously.
Cooling inflation + softer labor demand = more room for the Fed to pause before another rate hike.
Markets just got a major macro signal.
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