đš THE FED JUST GOT ANOTHER REASON TO STAY HAWKISH. đ
US economic data is sending a message the Fed canât easily ignore:
đ S&P Global Composite PMI: 58.4
đ„ Highest level in 5 years
That points to strong economic activity and suggests the US economy is still running hot.
But thereâs another problem⊠đ
đĄïž Inflation: 3.4%
đąïž Oil prices: Rising
đ 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. đ
đ 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? đ§
$BTC $SPX #bitcoin #cryptobreach #Fed #Inflation
US economic data is sending a message the Fed canât easily ignore:
đ S&P Global Composite PMI: 58.4
đ„ Highest level in 5 years
That points to strong economic activity and suggests the US economy is still running hot.
But thereâs another problem⊠đ
đĄïž Inflation: 3.4%
đąïž Oil prices: Rising
đ 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. đ
đ 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? đ§
$BTC $SPX #bitcoin #cryptobreach #Fed #Inflation
