đš FED PAUSE SIGNAL?
US inflation is cooling faster than expected.
đșđž PCE: 3.4% YoY vs 3.7% expected
Core PCE also came in softer than forecast.
Meanwhile, the labor market is losing momentum:
đ JOLTS: 7.079M vs 7.230M expected
Previous: 7.335M
So the macro picture is getting interesting:
Cooling inflation + softer labor demand = less pressure for another hike.
That gives the Fed more room to pause and watch the data before making its next move.
Now the bigger question for crypto:
Does easier macro pressure bring fresh liquidity back into risk assets?
#BREAKING #Bitcoin #BTC #Fed #Inflation
US inflation is cooling faster than expected.
đșđž PCE: 3.4% YoY vs 3.7% expected
Core PCE also came in softer than forecast.
Meanwhile, the labor market is losing momentum:
đ JOLTS: 7.079M vs 7.230M expected
Previous: 7.335M
So the macro picture is getting interesting:
Cooling inflation + softer labor demand = less pressure for another hike.
That gives the Fed more room to pause and watch the data before making its next move.
Now the bigger question for crypto:
Does easier macro pressure bring fresh liquidity back into risk assets?
#BREAKING #Bitcoin #BTC #Fed #Inflation
