Important events for the crypto market on May 28 from the economic calendar. Today is the day the US Federal Reserve members speak. At the same time, the “hawks” act as though they were selected. 

Among the key data - in the evening, from the States. According to the Consumer Confidence Index. This is the only macroeconomic event of the day where one can expect crypto market volatility at the time of publication.

Daily schedule:

- 07:55 Kyiv time and Moscow time / 09:55 Astana time - Speech by US Federal Reserve member Bowman (permanent chairman, closer to the “hawks”).

- 07:55 Kyiv time and Moscow time / 09:55 Astana time - Speech by US Federal Reserve member Mester (a member with “hawkish” rhetoric and voting rights).

- 08:00 Kyiv time and Moscow time / 10:00 Astana time - Basic consumer price index from the Bank of Japan. Important for assessing the consequences of monetary policy and yen inflation/deflation. The yen is included in the formula for calculating the DXY US Dollar Index (which has an inverse correlation with the crypto market). Also important because of Japan's return to the crypto market.

- 16:55 Kyiv time and Moscow time / 18:55 Astana time - Speech by FOMC member Kashkari (a member with “hawkish” rhetoric without a casting vote).

- 17:00 Kyiv time and Moscow time / 19:00 Astana time - CB consumer confidence index in the USA. Reflects the level of consumer confidence in economic activity. It is a leading indicator that predicts consumer spending that is part of economic activity. High numbers indicate consumer optimism. Here we are talking about the prospects for the American economy as a whole, the risk of recession. Also, consumer spending is a factor in inflation, which the US Federal Reserve is fighting.