The economic data is nuanced as always. Not recession. Not inflation. Rather, a tricky balance: BI Report 29: The labor data is bad enough to cause a serious panic at the Fed. But there is also a clear spike in the CPI index prices. This combination will make a single 25bps price cut the most likely. The tame PPI also shows that either tariffs are not rising producer costs or producers are not passing those costs to consumers. This reduces the chances of a persistent spike in CPI.(Sina 🗝️⚡ 21st Capital)