🚨 FED JUST GOT A STRONG REASON TO PAUSE RATES US PCE inflation data was released, and it killed the high inflation narrative. PCE inflation dropped to 3.4% vs. 3.7% expected, the lowest level since Feb 2026. This means the PCE inflation is now even lower than before the US-Iran war started. Yesterday, JOLTs job openings showed that the labor market is getting weaker, and now inflation is showing signs of cooling down. Combine these two, and now the Fed is in a decent situation to pause rates.