Reserve Dollar

Jerome Powell

Reserve

Coin

<ul class="news-points">
 <li>June CPI and PPI data releases are expected to heavily influence the Fed’s policy decisions.</li>
 <li>Federal Reserve Chairman Jerome Powell will testify before Congress on monetary policy.</li>
 <li>Markets are currently pricing in a 50% chance of a 25 basis point rate cut in November.</li>
</ul>
Investors are bracing for a potential market shakeup as the US prepares to release crucial inflation data this week, while Federal Reserve Chairman Jerome Powell is set to testify on monetary policy.
The spotlight will be on the June Consumer Price Index (CPI) and Producer Price Index (PPI), key indicators that provide insights into inflation trends and the overall health of the economy. These figures are <a href="https://coinedition.com/may-cpi-report-lower-inflation-spurs-bitcoin-price-uptick/" rel="noopener noreferrer nofollow">expected to heavily influence</a> the Federal Reserve’s upcoming monetary policy decisions, with market participants eagerly anticipating any clues about the central bank’s next moves.
In addition to these economic reports, Federal Reserve Chairman Jerome Powell will be testifying before the House Financial Services Committee on the Fed’s semiannual monetary policy report. Powell’s testimony is expected to shed light on the Fed’s plans for curbing inflation and supporting economic growth.
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The post <a href="https://coinedition.com/cpi-ppi-and-powell-key-events-that-could-shake-markets-this-week/" rel="noopener noreferrer nofollow">CPI, PPI, and Powell: Key Events That Could Shake Markets This Week</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

CPI, PPI, and Powell: Key Events That Could Shake Markets This Week

Coin Edition

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