๐Ÿšจ US Data Hits Markets Hard!

๐Ÿ“Œ The core PCE inflation index came in as expected at 3.3%, but the shock was the clear slowdown in US growth!

โฌ…๏ธ GDP registered only 1.6%, compared to expectations of 2.0%.

โš ๏ธ Meanwhile, initial jobless claims surged to 215,000, putting further pressure on the dollar and the markets.

๐Ÿ”ฅ Markets are now watching:

Will the Fed start considering an interest rate cut soon?

Or will inflation prevent any decline in the dollar?

๐Ÿ“‰ Strong volatility is coming!

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