US inflation data and Ethereum upgrade talks lead crypto week
US CPI and PPI figures land ahead of the Federal Reserve's October meeting, while Ethereum developers discuss Glamsterdam and Hegotá and Singapore's stablecoin consultation closes.
Key points
- US CPI for September is estimated at 0.6% month on month and 3.6% year on year, released 14 Oct at 8:30 a.m.
- Ethereum developers hold All Core Devs Consensus call No. 189 on 15 Oct at 10 a.m. to go over Glamsterdam and Hegotá.
- The Monetary Authority of Singapore's stablecoin regulation consultation closes 16 Oct at 11:59 a.m.
US inflation data will test the interest-rate outlook this week, with the Federal Reserve's October meeting in view, CoinDesk reports. Investors currently expect the central bank to keep rates unchanged, with an increase seen in December.
September US CPI is estimated at 0.6% month on month and 3.6% year on year, with core CPI at 0.2% and 2.5%, due 14 Oct at 8:30 a.m. PPI, retail sales and jobless claims follow on 15 Oct, alongside UK GDP for August and final eurozone CPI. US bond markets are closed on 12 Oct for Columbus Day, while equity markets stay open. Third-quarter bank earnings, including BlackRock and BNY, offer a separate check on lending and trading activity.
What to watch: The Fed's October meeting, where investors expect rates to be held, with an increase anticipated in December.
Live updates on NewsFeeds:MacroEthereumDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
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