Next week, crucial economic data including inflation measures and employment statistics revisions are expected to be released. These figures may impact decisions by the U.S. Federal Reserve and the broader financial markets.
Importance of Inflation Data
On September 10 and 11, the Bureau of Labor Statistics will publish Producer Price Index (PPI) and Consumer Price Index (CPI) numbers. PPI is expected to rise by 3.3% year-over-year, and CPI is projected to reach 2.9%. These figures are important for evaluating inflationary pressures and may influence Federal Reserve decisions.
Revision of Employment Data
In recent weeks, the Bureau of Labor Statistics made a significant revision to the employment data, reducing job growth by 911,000 positions from March 2024 to March 2025. This represents the largest downward adjustment since 2000 and suggests a weaker labor market than previously believed.
Markets Brace for Volatility
As the data release approaches, financial markets are preparing for high volatility. Stocks, bonds, and cryptocurrencies are expected to react to changes in inflation data. Traders will particularly watch support and resistance levels for Bitcoin and Ethereum.
Next week, markets are anticipating crucial economic data that could change the current trajectory of financial assets. The interplay of labor market conditions and inflation presents complex challenges for the Federal Reserve regarding its monetary policy.
