3 Things That Could Impact Crypto Markets in Week Ahead
All eyes will be on the jobs data this week, as there are several reports that could paint a broader picture of the health of the labor market in the US.
Last week’s July PCE inflation report did little to shake September rate-cut expectations, as data came in line with expectations, a small increase from previous months. Additionally, the second GDP growth estimate indicated that the economy expanded at a 3.3%, above the initial estimate of 3% growth.
President Trump declared on Sunday that “prices are way down in the USA with virtually no inflation,” but consumers are likely to disagree.
At the same time, the Kobeissi Letter reported that “US cost of living is getting worse,” highlighting that consumers are…
