According to Truflation, inflation is rising, which is not a good sign.

🇺🇸 U.S. Unemployment Rate: 4.6%

Expectations: 4.5%

The labor market is weakening, which is negative for economic growth, but it strengthens the case for potential rate cuts.

All eyes now turn to Thursday’s CPI data.

If inflation comes in lower than expected, markets will likely react positively.

If inflation reaccelerates, the Federal Reserve faces a difficult dilemma.

The Fed cannot simultaneously fight rising inflation and protect a weakening job market.

If CPI prints higher than expected on Thursday, be prepared for a significant move down.#bitcoin.” #cryptosignals #CryptoLifestyle #DeFi:
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