4 Things That Could Impact Crypto Markets This Week
A number of recent economic reports revealed cracks in the US economy’s resilience last week, with the lowest service-sector PMI reading in over two years.
This week will see key GDP and PCE inflation data released which could rattle markets even further. “PCE inflation will be the final piece to the puzzle as both PPI and CPI inflation are rebounding,” reported the Kobeissi Letter.
Analysts have also raised concerns over the effect of Trump’s sweeping federal layoffs under DOGE on the job market, adding to worries about consumption growth.
Economic Events Feb. 24 to 28
Mentions of “stagflation,” an economic condition characterized by low growth and high inflation, have become more common among economists as…
