Reserve

<p>The post <a rel="nofollow" href="https://coinpedia.org/news/how-this-weeks-inflation-reports-and-fed-meetings-could-upend-the-crypto-markets/">Top 5 Financial Must-Know Events This Week</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>This week is gearing up to be an absolute thrill ride for the financial markets. From jaw-dropping inflation reports to the Federal Reserve’s much-anticipated meeting minutes, the information dump will be a game-changer. </p> 
<p>Here’s a simple breakdown of what you need to keep tabs on.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">3⃣ September CPI Inflation Report (Thursday 12/10/23):<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> It measures the average change over time in the prices paid by consumers for a basket of goods and services.<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> Indicates how much purchasing power consumers might be losing. <a href="https://t.co/gTstZ27YKN">pic.twitter.com/gTstZ27YKN</a></p>— Keyur Rohit (@CryptoKingKeyur) <a href="https://twitter.com/CryptoKingKeyur/status/1711242195897082332?ref_src=twsrc%5Etfw">October 9, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="strong-september-ppi-inflation-report-wednesday-11-10-23-strong"><strong>September PPI Inflation Report – (Wednesday, 11/10/23)</strong></h2> 
<p>The <a href="https://www.bls.gov/pPI/">Producer Price Index (PPI)</a> is up first, and it’s more than just numbers on paper. This index measures the average change in selling prices received by domestic producers for their output. If the PPI is high, you can expect those costs to trickle down to consumers sooner rather than later. Higher PPI might signify looming inflation, a phenomenon every investor watches like a hawk.</p> 
<h2 class="wp-block-heading" id="strong-federal-reserve-s-meeting-minutes-fomc-wednesday-11-10-23-strong"><strong>Federal Reserve’s Meeting Minutes (FOMC) – (Wednesday, 11/10/23)</strong></h2> 
<p>These minutes give us a peek into what the people in charge of our money are thinking. They talk about how the economy is doing, what’s happening in the financial world, and what they might do next. Reading these minutes is like peeling an onion; there’s often more to uncover than you might think, and experts will be analyzing every word.</p> 
<h2 class="wp-block-heading" id="strong-september-cpi-inflation-report-thursday-12-10-23-strong"><strong>September CPI Inflation Report – (Thursday, 12/10/23)</strong></h2> 
<p>Now, let’s shift our focus to everyday consumers. The <a href="https://www.bls.gov/cpi/">Consumer Price Index (CPI)</a> tells us how much regular customers pay for things like groceries and services. Last August, prices went up by 0.6% when adjusted for the season, and they were 3.7% higher compared to the previous year. When CPI is high, it means people have less money to spend, and that’s not great for the economy.</p> 
<p>Also Read: <a href="https://coinpedia.org/price-analysis/btc-price-analysis-bitcoin-eyes-30k-this-week/">BTC Price Analysis: Bitcoin Eyes $30K This WEEK!</a></p> 
<h2 class="wp-block-heading" id="strong-opec-monthly-report-thursday-12-10-23-strong"><strong>OPEC Monthly Report – (Thursday, 12/10/23)</strong></h2> 
<p>For those who want to know what’s happening globally, check out the OPEC monthly report. It gives us important info about the world oil market, including how much oil is available and how much is needed. Changes in oil prices can affect lots of things, from energy stocks to how much stuff costs.</p> 
<h2 class="wp-block-heading" id="h-jobless-claims-data-thursday-12-10-23"><strong>Jobless Claims Data – (Thursday, 12/10/23)</strong></h2> 
<p>We can’t overlook the health of the labor market. The jobless claims data will reveal how many people applied for unemployment benefits, offering another angle to evaluate the state of the economy. The forecast for October 12 is 210K. A surge in this number could signal economic headwinds that none of us want to face.</p> 
<p>Throughout the week, 12 Fed Speaker events have been scheduled. These public speeches can be metaphorical gold mines, offering clues and coded messages about future policy decisions. Every sentence will be dissected for hidden meanings that could indicate the Fed’s next move.</p> 
<p>This Might Interest You: <a href="https://coinpedia.org/news/top-reasons-why-the-crypto-market-is-down-today/">Top Reasons Why the Crypto Market is Down Today</a></p> 
<p><strong><em>So, whether you’re a trader or just someone who cares about money, this week’s events are worth paying attention to. They could affect your wallet and how you make financial decisions.</em></strong></p>

Top 5 Financial Must-Know Events This Week

Table of Contents

CoinPedia News

Other articles published on Oct 9, 2023

Ex-OpenSea exec accused of pump & dump, $60m rug pull

BRICS Looking To Settle Trade in Local Currencies

Here’s Why You Might Not Be Able to Afford Buying More XRP Soon

South Korean Crypto Fraudster Jailed for 7 Years

Michael Saylor would be up $2.5 billion if he chose Ethereum over Bitcoin

Bitcoin Exchange Binance Announces New Feature for Futures Trading! Here are the Details…

Join our free newsletter for daily crypto updates!