Delayed CPI Inflation Report Could Impact Crypto Markets This Week

Crypto markets have consolidated over the weekend with minor gains for the major assets, but no signs of renewed bullish momentum just yet. Despite the US government shutdown, the week ahead has a key inflation report delayed from September that is likely the last major piece of economic data the Federal Reserve will receive before its interest rate decision next week.
Last week, Fed Chair Jerome Powell indicated that the central bank remains on track to cut short-term interest rates again at its next meeting later this month. Meanwhile, the market will continue to watch Trump’s 100% tariff on China deadline of November 1, as observed in the Kobeissi Letter.
Delayed CPI Inflation Report Could Impact Crypto Markets This Week

Crypto markets have consolidated over the weekend with minor gains for the major assets, but no signs of renewed bullish momentum just yet. Despite the US government shutdown, the week ahead has a key inflation report delayed from September that is likely the last major piece of economic data the Federal Reserve will receive before its interest rate decision next week.
Last week, Fed Chair Jerome Powell indicated that the central bank remains on track to cut short-term interest rates again at its next meeting later this month. Meanwhile, the market will continue to watch Trump’s 100% tariff on China deadline of November 1, as observed in the Kobeissi Letter.

