Odaily星球日报讯 罗素投资公司资深投资策略师 BeiChen Lin 在报告中表示，美国劳动力市场和房地产市场似乎都没有过热。 “随着时间的推移，这种组合应有助于缓和通胀，但抗击通胀的进展仍可能有些崎岖。”他表示，尽管最近的调查显示消费者对通胀的担忧有所加重，但令人鼓舞的是，5Y5Y 通胀预期通胀（一种基于市场的中期通胀衡量标准）仍然相当接近 2%。据 WSJ 对分析师的调查显示，在周三公布 2 月 CPI 数据之前，预计该数据将显示总体和核心读数均有所放缓。（金十）

Odaily星球日报讯 罗素投资公司资深投资策略师 BeiChen Lin 在报告中表示，美国劳动力市场和房地产市场似乎都没有过热。 “随着时间的推移，这种组合应有助于缓和通胀，但抗击通胀的进展仍可能有些崎岖。”他表示，尽管最近的调查显示消费者对通胀的担忧有所加重，但令人鼓舞的是，5Y5Y 通胀预期通胀（一种基于市场的中期通胀衡量标准）仍然相当接近 2%。据 WSJ 对分析师的调查显示，在周三公布 2 月 CPI 数据之前，预计该数据将显示总体和核心读数均有所放缓。（金十）

机构：美国劳动力和房地产市场均未过热，有助于缓解通胀

Odaily reports that Beichen Lin, a senior investment strategist at Russell Investments, said in a report that the US labor market and real estate market do not appear to be overheated. "Over time, this combination should help ease inflation, but the progress in fighting inflation may still be somewhat bumpy," he said. While recent surveys show that consumer concerns about inflation have increased, it is encouraging that the 5Y5Y inflation expectation (a market-based measure of medium-term inflation) remains quite close to 2%. According to a Wall Street Journal survey of analysts, the February CPI data to be released on Wednesday is expected to show a slowdown in both the headline and core readings.

Odaily Odaily News reports that BeiChen Lin, a senior investment strategist at Russell Investments, said in a report that the US labor market and real estate market do not appear to be overheated. "Over time, this combination should help ease inflation, but the progress in fighting inflation may still be somewhat bumpy," he said. Although recent surveys show that consumer concerns about inflation have increased, it is encouraging that the 5Y5Y inflation expectation (a market-based measure of medium-term inflation) is still quite close to 2%. According to a Wall Street Journal survey of analysts, the February CPI data to be released on Wednesday is expected to show a slowdown in both the headline and core readings. (Gold Ten)

Agency: Neither the U.S. labor market nor the real estate market is overheated, which will help ease inflation

Here is the English translation:

ChainCatcher news, according to <TheBlock> report, analysts pointed out that the weaker-than-expected US February employment report last Friday strengthened the expectation of the Fed's interest rate cut, which may boost risk appetite and boost the stock market and <crypto assets>. However, the persistent inflation risk caused by tariffs and supply chains still constrains the policy shift. Last week, the US Department of Labor's seasonally adjusted data showed that non-farm employment only increased by 151,000 from January to February, the weakest February growth since 2019, lower than the 170,000 expected by Dow Jones surveyed economists. Government layoffs, reductions in federal funding, tariff uncertainty, and tightening immigration policies will drag down employment growth in the coming months. These factors may lead to a slowdown in hiring, dampen economic momentum and reinforce deflationary trends. The Fed is facing a complex policy environment: weak employment supports rate cuts, but inflation concerns caused by supply-side constraints and geopolitical risks make it cautious. Uncertainty may continue to weigh on the <crypto> market. Paul Howard, Senior Director of Wincent, said that the weaker-than-expected employment report confirms the need to cut interest rates to stimulate the economy, reducing the deficit may be a government priority, which will benefit <crypto> and other risky assets; Kirill Kretov, an expert in <DeFi> trading automation at CoinPanel, pointed out that the rise in unemployment rate may improve the liquidity of <Bitcoin> and <DeFi> by increasing the expectation of interest rate cuts. The slowdown in wage growth suggests easing inflationary pressures, making the Fed more likely to shift earlier. The CME FedWatch tool shows that 55.3% of interest rate traders believe the June FOMC meeting is the earliest point for a rate cut this year, while the Atlanta Fed's GDPNow model has lowered the US first-quarter economic growth rate to a contraction of 2.4%, which, if realized, would be the first contraction since the first quarter of 2022, exacerbating recession concerns. Analysts said that global economic uncertainty has led to an increase in bearish positions in the derivatives market, and the risk reversal indicator over the past 24 hours is more biased towards put options, reflecting market concerns about increased selling pressure. Option flow indicates that optimistic sentiment may have to wait until the third quarter. Although $80,000 is still a key short-term support level for <Bitcoin>, the upside potential is limited. Before a new narrative emerges, the correlation between <Bitcoin> and the stock market may strengthen. Tariff risks remain, and volatility may increase before the release of US CPI and PPI data this week.

Economic slowdown may force the Fed to turn dovish, but policy shift is still constrained by inflation risks

<Compilation: GaryMa Wu Blockchain>
Summary
Wu Blockchain's weekly macroeconomic indicators and analysis: Last week, Trump signed an executive order to establish a strategic Bitcoin reserve, but the content was less than expected. Powell stated that the current US economy is robust, and the Fed still does not need to rush to cut interest rates. The US non-farm data was mixed; this week, the focus will be on the US February inflation data CPI and PPI.
Last week in review
- Trump has signed an executive order to establish a strategic Bitcoin reserve, with the funding source being Bitcoin obtained through federal government criminal or civil asset forfeiture proceedings, not involving taxpayer funds.
- Powell: The current US...

Wu Blockchain this week's macroeconomic indicators and analysis: US inflation data CPI, PPI

The Texas bill is just the beginning, the "Wild West spirit" is about to rewrite the national reserve rules of the United States.