ULC PLUMMETS! US Labor Costs Just Dropped 1.9% 📉

This massive beat on Unit Labor Costs (ULC) for Q3 is a huge signal for the Fed's inflation fight. We saw a -1.9% print against expectations of 0.0%.

This unexpected cooling suggests wage pressures are easing faster than anticipated, which is bullish fuel for risk assets like $BTC. Less inflation pressure means less reason for aggressive tightening. Keep watching the market reaction closely. 🧐

#CryptoMacro #FedWatch #ULC #BTC

🚀

BTCUSDT

دائم

68,069

-0.82%