📊 U.S. MACRO DATA — TODAY’S SNAPSHOT
The latest U.S. macro prints paint a picture of a still-strong economy with easing inflation pressure, keeping the Fed in a tough spot.$DUSK
📈 GDP (Q3): 4.4% (above expectations)
• U.S. economic growth accelerated faster than forecast
• Consumer spending and business activity remain resilient
• Confirms momentum despite high rates and tight financial conditions
👷 Initial Jobless Claims: 200K (vs 210K expected)
• Labor market remains tight and stable
• No clear signs of stress or broad layoffs$AXS
• Supports the “higher for longer” rate narrative
🔥 Core PCE Inflation: 2.9% (in line with estimates)
• Inflation continues to cool gradually
• Still above the Fed’s 2% target
• Progress, but not enough to justify rapid rate cuts
⚠️ Why this matters:
• Strong growth + tight labor = limited urgency for Fed easing
• Cooling inflation reduces risk of further rate hikes
• Keeps markets stuck between soft landing hopes and delayed cuts reality$FOGO
🧠 Big picture:
The U.S. economy is not slowing fast enough to force the Fed’s hand — growth is hot, jobs are solid, and inflation is easing but sticky. Rate cuts may come, but patience remains the policy.
#WriteToEarnUpgrade #FOMCWatch #Binanceholdermmt
