CPI Data is strong again: Overall YoY: +2.4% Core YoY: +2.5%, Both lower than last month. Job market report also came in incredibly strong a couole days ago, but I take those numbers with a grain of salt. They haven't been accurate in a long time. Cpi data continues to show inflation is lower. Some people think we could be moving towards a deflationary set up. This could increase the chances of a FED cut... but more likely the jobs data (bogus?) will keep rates steady. Fed Watch still has 90% chance of a hold, but we have a few weeks for that to change. Pretty clear that Powell has been wrong about a lot in the last couple of years, including the impact of tariffs on inflation. He's been good when things are the status quo, but fails miserably at pivoting. Waits too long to raise and too long to cut. Overall, economic data looks very strong. This means crypto could see a bounce, or a lower/shorter bear market.