Inflation Concerns Rise Amid U.S. Economic Overheating

According to Odaily, QCP Capital has indicated that inflation appears to be resurfacing as the U.S. economy shows signs of overheating. Last Friday, non-farm payrolls surged by 256,000, significantly exceeding the forecast of 164,000. Following the release of last week's macroeconomic data, any speculation about imminent interest rate cuts has dissipated, leading to a sharp decline in the... source: https://www.binance.com/en/square/post/18877562017010?utm_source=BinanceNewsRSS