🌀 Inflation cooled. Growth cooled too. That’s the signal the market is trying to price. Core PCE came in softer than expected on a monthly basis, while the yearly reading held in line. GDP missed expectations, showing the economy is losing momentum rather than accelerating. Jobless claims were slightly better than forecast, but not enough to erase the broader picture. This is the kind of data that shifts the conversation from “higher for longer” toward “how soon does policy change?” Markets don’t move on one number. They move when enough pieces start pointing in the same direction. Is this the beginning of a liquidity shift, or just another head fake before the next move? 👇 #Macro #CorePCE #GDP #FederalReserve #Liquidity #Crypto #Bitcoin