📉 Last week, 248,000 new jobless claims in the U.S. exceeded expectations of 230,000. 📊 Tough times continue for the job market. Stay informed! 💼🇺🇸 #joblessclaims #USjobs #economyupdate #bitcoinworld

The recent CPI data has set the stage for potential Federal Reserve rate cuts, with the focus now on upcoming jobless claims and retail sales reports today in a few hours.

These reports will be critical in determining the size and timing of the rate cuts. Lower-than-expected CPI has increased speculation of a rate cut, but the final decision depends on the strength of the job market and consumer spending.

Stay alert for the next one hour. We are going to see market changing it’s momentum, bullish

#CPI_DATA #CPIReport #joblessclaims