Next Week Macro Outlook: CPI and PPI Data Incoming, 'Crypto-Friendly' Fed Governor to Take Office

By: theblockbeats.news|2025/08/09 13:31:57
0
Share
copy

BlockBeats News, August 9th, the key macroeconomic data and events to be announced next week are as follows:

Tuesday:

US July CPI data;

2027 FOMC voter and Richmond Fed President Barkin speech.

Thursday:

Chicago Fed President Evans speech on monetary policy;

Atlanta Fed President Bostic speech on US economic outlook;

US initial jobless claims for the week ending August 9th, August PPI data.

Friday:

US July retail sales m/m, July import price index m/m;

US August 1-year inflation rate expectations preliminary, University of Michigan Consumer Sentiment Index preliminary.

Additionally, Trump has announced the nomination of "pro-crypto" official Stephen Miran as a Federal Reserve Board Member, with a term until January 31, 2026. According to public information, during his tenure as Chair of the White House Economic Advisory Committee, he explicitly supported the Trump administration's crypto-friendly policies. He believes that cryptocurrency has the potential to stimulate economic growth, drive financial innovation, and combat inflation, especially in the context of the Trump economic agenda. However, this nomination still needs to be approved by the Senate.

Next week, traders' focus will be on the July CPI and PPI data to be released on Tuesday and Thursday, as well as the retail sales data and the preliminary University of Michigan Consumer Sentiment survey for August to be released on Friday. Even before the impact of reciprocal tariffs takes effect, higher-than-expected inflation data may prompt traders to reduce bets on rate cuts.

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets

Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com