Band Protocol

Is Jerome Powell in Trouble 🚩 US inflation data came in softer than expected. $BTC CPI rose 2.4% vs 2.5% forecast, while Core CPI matched expectations at 2.5%. Both are at multi-year lows, showing inflation is cooling rather than rising. $ETH At the same time, signs of economic stress are increasing. The labor market is weakening, credit card delinquencies are rising, and corporate bankruptcies are climbing toward crisis-level highs. $XRP The argument is that the Federal Reserve may have kept policy too tight for too long, risking economic slowdown or even deflation, similar to how being too loose earlier helped drive inflation higher. #CPIWatch #CZAMAonBinanceSquare