🚨 THE FED JUST GOT A REASON TO STAY HAWKISH.
🇺🇸 U.S. Initial Jobless Claims came in at just 203,000 last week.
Expectations: 208,000.
Previous reading: 206,000 → revised to 207,000.
The labor market is still holding up.
Now combine that with yesterday’s hotter-than-expected PCE inflation data…
You get a dangerous combination for markets:
🔥 Sticky inflation
💪 Resilient jobs
🏦 Less pressure for Fed cuts
That could keep rates HIGHER FOR LONGER.
And for crypto and risk assets, that means liquidity could stay tighter than bulls want.
The next Fed decision just got even more important.
#Bitcoin #Crypto #FederalReserve #Inflation #Markets
🇺🇸 U.S. Initial Jobless Claims came in at just 203,000 last week.
Expectations: 208,000.
Previous reading: 206,000 → revised to 207,000.
The labor market is still holding up.
Now combine that with yesterday’s hotter-than-expected PCE inflation data…
You get a dangerous combination for markets:
🔥 Sticky inflation
💪 Resilient jobs
🏦 Less pressure for Fed cuts
That could keep rates HIGHER FOR LONGER.
And for crypto and risk assets, that means liquidity could stay tighter than bulls want.
The next Fed decision just got even more important.
#Bitcoin #Crypto #FederalReserve #Inflation #Markets
