3 Things That Could Influence Crypto Markets in Big Week for Inflation Data
Markets declined last week after the US jobs reports confirmed that the labor market is visibly slowing down. Crypto assets have been range-bound over the weekend, awaiting another week that is packed with key inflation data.
The Federal Reserve has two mandates: maximum employment and stable prices, and investors are about to receive data on the second mandate’s trends this week.
“It’s all about inflation this week ahead of a pivotal Fed meeting that is 10 days away,” said the Kobeissi Letter.
Economic Events September 8 to 12
The August Producer Price Index (PPI) report is released on Wednesday, providing input costs for producers and manufacturers, which relate to the costs of consumer goods and retail…
