đš FED JUST GOT A STRONGER REASON TO PAUSE đ
Guys, this is a pretty important macro signal for the markets...
đșđž US PCE inflation cooled to 3.4% YoY vs. 3.7% expected, while Core PCE also came in softer than forecasts...
And the labor market is showing signs of cooling too đ..
đ JOLTS job openings: 7.079M
đ Expected: 7.230M
âŹïž Previous: 7.335M..
So weâre seeing:..
â Cooling inflation
â Softer labor demand
â Less pressure for aggressive tightening
For me, this gives the Fed more room to pause before considering another rate move...
Macro is sending a signal, and crypto traders definitely need to keep an eye on this. đđ..
Iâm watching BTC and the broader market closely from here.$BTC
#Bitcoin #BTC #Fed #PCE #Inflation #JOLTS #Macro #CryptoMarket
Guys, this is a pretty important macro signal for the markets...
đșđž US PCE inflation cooled to 3.4% YoY vs. 3.7% expected, while Core PCE also came in softer than forecasts...
And the labor market is showing signs of cooling too đ..
đ JOLTS job openings: 7.079M
đ Expected: 7.230M
âŹïž Previous: 7.335M..
So weâre seeing:..
â Cooling inflation
â Softer labor demand
â Less pressure for aggressive tightening
For me, this gives the Fed more room to pause before considering another rate move...
Macro is sending a signal, and crypto traders definitely need to keep an eye on this. đđ..
Iâm watching BTC and the broader market closely from here.$BTC
#Bitcoin #BTC #Fed #PCE #Inflation #JOLTS #Macro #CryptoMarket
