🚨 THE FED JUST RAN OUT OF REASONS TO HIKES RATES. 🚨
Two major macroeconomic releases just sent a massive signal across the markets:
1️⃣ PCE Inflation Down: Came in at 3.4% YoY vs. 3.7% expected. Core PCE was equally soft, killing fears of an inflation re-acceleration.
2️⃣ Labor Demand Softening: JOLTS job openings fell to 7.079M vs. 7.230M expected (down from 7.335M prior).
The Verdict:
Fading inflation + a cooling job market = Maximum pressure on the Fed to hold off on future hikes.
The macro tide has officially turned. 🎯📊
$BTC $QQQ
Two major macroeconomic releases just sent a massive signal across the markets:
1️⃣ PCE Inflation Down: Came in at 3.4% YoY vs. 3.7% expected. Core PCE was equally soft, killing fears of an inflation re-acceleration.
2️⃣ Labor Demand Softening: JOLTS job openings fell to 7.079M vs. 7.230M expected (down from 7.335M prior).
The Verdict:
Fading inflation + a cooling job market = Maximum pressure on the Fed to hold off on future hikes.
The macro tide has officially turned. 🎯📊
$BTC $QQQ