- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Teaser: Tonight Market Focuses on CPI Data, Rate Cut Expectations Next Week Remain Unshaken
BlockBeats News, October 24th: Tonight at 20:30 Beijing time, the US September Unadjusted CPI YoY, US September Seasonally Adjusted CPI/Core CPI MoM, and US September Unadjusted Core CPI YoY will be released. Due to the US government shutdown, most official data releases have been halted. This week, the market's attention is fully focused on Friday's CPI data, which is the only economic indicator that the Federal Reserve can refer to before resuming its policy stance.
Although the September CPI report may show persistent inflation, investors may overlook this sign as the money market prepares for a Fed rate cut next week. Emily, Founding Partner of Bowersock Capital Partners, said, "As the Fed may pay more attention to the labor market, Friday's CPI is not expected to have a significant impact on the Fed's decision next week. We may see two rate cuts this year, in October and December, respectively."
You may also like
Gainers
Latest Crypto News
Zama: Sealed-Bid Dutch Auction Token Sale to Start on January 12
Michael Saylor hints at more purchases, 100% win-rate trader predicts market going long again
Mainstream Perp DEX Overview: Hyperliquid Trading Volume Continues to Decline by 56.9% in the Last 7 Days, Lighter Trading Volume Takes a Steep Dive Ahead
BiyaPay Analyst: HashKey's Listing Imminent, Hong Kong Stock Market Welcomes First Cryptocurrency Compliance Giant
A certain whale has accumulated 2.33 million LINK over the past six months, currently facing an unrealized loss of $10.5 million
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App