Next week will see a dense release of macroeconomic data, and the market still expects the Federal Reserve to once again stand pat.
BlockBeats News, July 27th: Against the complex backdrop of escalating political pressure, evolving trade policies, and conflicting economic signals, Federal Reserve Chairman Powell and his colleagues will enter the interest rate decision meeting next week. This decision coincides with a rare data-intensive week — the U.S. government will consecutively release GDP, jobs reports, and the Fed's core inflation indicator. While the market generally expects the Fed to once again hold steady, this series of data may reshape the policy path. Economists predict that the U.S. second-quarter GDP annualized growth rate, to be released on Wednesday next week, is expected to reach 2.4% (a significant improvement from the 0.5% contraction in the first quarter), but this is mainly due to a sharp narrowing of the trade deficit. The July non-farm payroll report, to be released on Friday, is expected to confirm a cautious trend in business hiring. Following the surge in education industry employment data in June, new job additions this month are expected to slow down, with the unemployment rate possibly edging up to 4.2%. The June U.S. personal income and spending report is expected to show a slight acceleration in the Fed's favored core inflation indicator from the previous month, indicating that tariffs are gradually being passed on to consumers. (FX678)
You may also like

10 Counterintuitive Insights on Latin American Payments

Perp DEX: The Next Generation Exchange "War"

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

