FOMC minutes and CPI: the macro week that sets the table
This week, two of the most consequential data points of the quarter land within 48 hours of each other and traders across every asset class are watching.
This week, two of the most consequential data points of the quarter land within 48 hours of each other and traders across every asset class are watching.
Active traders enter this week with a compressed schedule of high-signal macro data, culminating in the most closely watched jobs report in years. Here's what's on the table, and why each reading matters more than usual right now.
We're publishing mid-week, so the first event of note (the monthly BTC and ETH options settlement) is just two days away. But the picture extends well beyond Friday.
This week centers on one event: the Federal Reserve's rate decision on Wednesday, March 18, the first FOMC meeting to formally incorporate the economic impact of the Iran conflict, surging energy costs, and the shift in US monetary policy leadership.