šØ INFLATION SNEAK PEEK! New York Fed Expectations Hold Steady! š
Macro Alert! š¢ The New York Federal Reserve just released its one-year inflation expectation for November!
š Latest Data: 3.2%
š Previous Value: 3.24%
The expectations are holding relatively steady, showing only a minimal change. This number is critical because the Federal Reserve heavily weighs consumer expectations when setting interest rates and determining the pace of easing! š¦
Stable expectations are generally seen as positive for market stability and can support risk assets like $BTC. The market is constantly looking for signs of cooling! š„
Is the path to the Fed rate cut getting clearer? š
ā ļø Disclaimer: This is breaking macro data. NOT financial advice. Economic numbers cause volatility. Trade smart! š”ļø
#Inflation #NewYorkFed #MacroData #CryptoNews #FederalReserve
