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Kevin Hassett from the National Economic Council just dropped some optimistic notes on inflation. Latest CPI numbers? Coming in softer than most analysts predicted. The momentum's clearly shifting toward what the Fed's been aiming for all along.
Interesting timing, considering how crypto markets tend to react to these macro signals. When inflation cools and rate cut expectations heat up, risk assets usually get a boost.
On the housing front, the White House is apparently brainstorming fresh approaches to tackle affordability issues. Not much detail yet, but housing costs have been one of those stubborn inflation components that just won't budge easily.
The real question: will this trend hold, or are we just seeing a temporary dip before another spike?