This week, the crypto market is gearing up for an information-rich week, as a number of key U.S. economic indicators are expected to shape Fed policy expectations. Bitcoin and other risk assets may see more volatile movement as investors evaluate inflation, economic growth and labor market conditions.

Key Economic Events This Week

The main attention will be on the Personal Consumption Expenditures (PCE) price index for July, which is released on Wednesday. The preferred inflation measure of the Federal Reserve is PCE. The headline measure is projected to be 0.1% higher month-on-month following a 0.1% decline in June.

Meanwhile, the annual rate is projected to be 3.6% compared with 3.7%. The figures for the Core PCE (excluding the food…