Top Economic Events to Watch Next Week: US CPI & PPI Report, Powell’s Testimony Might Set Crypto Market’s Trend

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Top Economic Events to Watch Next Week: US CPI & PPI Report, Powell’s Testimony Might Set Crypto Market’s Trend - Coinpedia

Quick Summary:

These include the release of the CPI and PPI data, speeches from important Federal Reserve officials, and testimony from Jerome Powell, which could all influence the direction of the crypto market in the coming week.

The next day, February 12, will feature talks from the Fed’s Bostic and Powell, as well as the ECB’s Nagel and the BoE’s Greene, potentially impacting financial markets with their insights on monetary policy.

Economists believe he will echo a common theme from recent Federal Reserve meetings: there is currently no hurry to lower the key fed funds interest rate.