According to CryptoPotato, after the crypto market fell last week, it remained stable over the weekend, with the total market value falling to $2.38 trillion. This week's economic schedule may cause greater volatility because key inflation data will be released and there will be multiple Fed speeches, which may indicate the direction of future monetary policy. The core PPI (Producer Price Index) report will be released on Tuesday, reflecting the input prices of producers and manufacturers, measuring the cost of producing consumer goods and directly affecting retail pricing. It is seen as a pre-indicator of inflationary pressure and a leading indicator of next month's CPI (Consumer Price Index) report. Key events this week include: 1. April PPI inflation data - Tuesday; 2. Fed Chairman Powell's speech - Tuesday; 3. April CPI inflation data - Wednesday; 4. April retail sales data - Wednesday; 5. Philadelphia Fed manufacturing data - Thursday; 6. There are 12 Fed speeches this week. The core CPI report for April will be released on Wednesday, which is one of the two key indicators for measuring inflation, the other being personal consumption expenditures or PCE. CPI directly shapes the economy's price trends, consumer spending and business prospects. It also directly affects the Fed's policy interest rate decisions.
