Crypto Market Braces for US CPI and PPI Data Next Week
- —US September CPI is expected at 3.7% year-over-year, up from 3.4% the prior month
- —Core CPI is forecast at 0.2% month-over-month and 2.5% year-over-year
- —US PPI is expected at 0.6% month-over-month versus 0.4% in August
- —CME FedWatch puts the odds of an October rate hike at just 17.7%
Why it matters: A hotter inflation print would reinforce rate-hike expectations and could trigger fresh volatility across crypto markets.
Source: CoinGape