๐จ THE FED JUST GOT ANOTHER REASON TO STAY HAWKISH. ๐
US economic data is sending a message the Fed canโt easily ignore:
๐ S&P Global Composite PMI: 58.4
๐ฅ Highest level in 5 years
That points to strong economic activity and suggests the US economy is still running hot.
But thereโs another problemโฆ ๐
๐ก๏ธ Inflation: 3.4%
๐ข๏ธ Oil prices: Rising
๐ Inflation expectations: Under pressure
A strong economy + sticky/rising inflation could give the Fed more room to keep rates higher for longer.
And the market is paying attention. ๐
๐ Rate-hike odds have surged toward 90%, reflecting expectations that the Fed could maintain a hawkish stance.
The big question:
Does the Fed stay aggressive or does something finally crack in the economy? ๐ง
$BTC $SPX #bitcoin #cryptobreach #Fed #Inflation
US economic data is sending a message the Fed canโt easily ignore:
๐ S&P Global Composite PMI: 58.4
๐ฅ Highest level in 5 years
That points to strong economic activity and suggests the US economy is still running hot.
But thereโs another problemโฆ ๐
๐ก๏ธ Inflation: 3.4%
๐ข๏ธ Oil prices: Rising
๐ Inflation expectations: Under pressure
A strong economy + sticky/rising inflation could give the Fed more room to keep rates higher for longer.
And the market is paying attention. ๐
๐ Rate-hike odds have surged toward 90%, reflecting expectations that the Fed could maintain a hawkish stance.
The big question:
Does the Fed stay aggressive or does something finally crack in the economy? ๐ง
$BTC $SPX #bitcoin #cryptobreach #Fed #Inflation
