CoinVoice has learned that according to Jin Ten reports, economic data from the U.S. over the past week has been mixed, leading to ongoing fluctuations in market expectations for the Federal Reserve's rate cuts. Data released on Friday showed widespread growth in U.S. retail sales driven by automobile sales and large online promotional events. However, a later report showed that consumer confidence unexpectedly declined for the first time since April, and inflation expectations rose.
Previously, the U.S. July CPI and PPI reports seemed to send different signals regarding whether the economy can withstand the impact of Trump's comprehensive import tariffs, but both showed that service inflation remains stubborn, with PPI reaching a three-year high month-on-month. Meanwhile, there are significant differences within the Federal Reserve regarding the rate cut in September.
On Wednesday at 23:00, Federal Reserve Governor Waller will speak at a blockchain seminar in Wyoming;
On Thursday at 2:00, the Federal Reserve will release the minutes of its monetary policy meeting;
On Thursday at 3:00, 2027 FOMC voting member and Atlanta Fed President Bostic will speak about the economic outlook;
On Thursday at 20:30, initial jobless claims in the U.S. for the week ending August 16, and the U.S. August Philadelphia Fed Manufacturing Index;
On Thursday at 21:45, the U.S. August preliminary S&P Global Manufacturing and Services PMI;
On Friday at 22:00, Federal Reserve Chairman Powell will speak at the Jackson Hole Global Central Bank Annual Meeting. [Original link]