Strong U.S. Data Cools Rate-Cut Expectations as Economic Momentum Holds

Recent U. S. economic indicators are reducing the urgency for near-term interest rate cuts, according to commentary shared by Qinbafrank on X. Key data releases this week came in stronger than market expectations:Producer Price Index (PPI) and core PPI both exceeded forecastsRetail sales (monthly) printed positive, signaling resilient consumer demandNew York Fed manufacturing index beat expectationsInitial jobless claims fell below estimates, pointing to continued labor market strengthTogether, the data suggests the U source: https://www.binance.com/en/square/post/35189183118786?utm_source=BinanceNewsRSS