🚨BREAKING: US Inflation Plummets to 1.16% — Fed Under Pressure 🇺🇸📉
Inflation: 1.16%, well below the Fed’s 2% target
Implication: Jerome Powell risks over-tightening if rates stay high; rate cuts now likely
Market impact: Potential volatility across stocks, bonds, USD, and crypto
Why it matters: Sudden drop reverses months of high inflation, signaling possible lower borrowing costs for businesses and households
$pippin
$HYPE
$PTB #InflationUpdate #FOMC #MarketVolatility #USD #Crypto
Inflation: 1.16%, well below the Fed’s 2% target
Implication: Jerome Powell risks over-tightening if rates stay high; rate cuts now likely
Market impact: Potential volatility across stocks, bonds, USD, and crypto
Why it matters: Sudden drop reverses months of high inflation, signaling possible lower borrowing costs for businesses and households
$pippin
$HYPE
$PTB #InflationUpdate #FOMC #MarketVolatility #USD #Crypto