🔥 Fed and "weapons" to control inflation: What will the crypto market be watching for?
All eyes are currently on the core PCE data scheduled to be released on Thursday night this week. Notably, the Fed Chair stated that the institution will not rely on a single indicator; instead, it will analyze a multi-dimensional set of data to bring inflation back to its 2% target.
📌 Key information:
- Forecast for core PCE: 3.30% (down from the previous 3.40%).
- Release schedule: 20:30 on Thursday (Beijing time).
💡 Analytical perspective:
- FOMC members often have access to internal estimate data before the official release, which helps them stay in control when managing policy.
- Positive scenario: If PCE comes in lower than expected, upward pressure on interest rates may cool off, paving the way for growth in crypto and other risk assets.
- Negative scenario: If the actual figure is higher than expected, the tightening cycle could return, creating downside adjustment pressure for the market.
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#CryptoMarket #Trading #Crypto $TRX
All eyes are currently on the core PCE data scheduled to be released on Thursday night this week. Notably, the Fed Chair stated that the institution will not rely on a single indicator; instead, it will analyze a multi-dimensional set of data to bring inflation back to its 2% target.
📌 Key information:
- Forecast for core PCE: 3.30% (down from the previous 3.40%).
- Release schedule: 20:30 on Thursday (Beijing time).
💡 Analytical perspective:
- FOMC members often have access to internal estimate data before the official release, which helps them stay in control when managing policy.
- Positive scenario: If PCE comes in lower than expected, upward pressure on interest rates may cool off, paving the way for growth in crypto and other risk assets.
- Negative scenario: If the actual figure is higher than expected, the tightening cycle could return, creating downside adjustment pressure for the market.
👉 Follow the market 24/7 — Follow Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto $TRX