🔴 Bearish
🚨 Inflation Sticky, Fed Pauses Rate Cuts!
Global inflationary pressures are persisting, with US CPI inflation at 3.8% in April. The Fed paused rate cuts in April due to the Middle East conflict and rising energy prices, signaling continued caution.
📊 Market Impact: Higher for longer interest rates could weigh on risk assets like crypto. Increased geopolitical instability adds to market uncertainty.
#Macro #Inflation