Important events for the crypto market on October 11 from the economic calendar. Be prepared for increased volatility on the market in an hour and a half. On the publication of data on US manufacturing inflation, where the consensus forecast is a decrease. If this inflation data turns out to be higher than forecasts, these are "spoilers" for the fact that not only consumer inflation data in October, but also consumer inflation data in November for the US will be worse than forecasts.

And then stagflation will loom on the horizon for the American economy - a situation in which economic recession and depression are combined with rising prices - inflation.

The last time the US experienced major stagflation was in the 1970s, particularly from 1973 to 1982. The reasons were the oil crises of 1973 and 1979, when OPEC imposed an embargo on oil supplies, which led to a sharp increase in energy prices and general inflation. And the economy did not grow at the required rate. Now the situation looks more complicated.

The US economy overcame that period thanks to the tight monetary policy of the Federal Reserve under the leadership of Paul Volcker, whose experience Jerome Powell often appeals to, also laying claim to his laurels. Will it work out - we will find out very soon.

Returning to the topic of the daily schedule:

❗️- 15:30 Kyiv and Moscow time / 17:30 Astana time - Core Producer Price Index and Producer Price Index in the US for September. Production inflation. Leading indicator of consumer inflation for October. Important for the Fed in interest rate decisions. And for assessing the prospects of the US economy as a whole.

- 17:00 Kyiv and Moscow time / 19:00 Astana time - Expected inflation from the University of Michigan, Consumer inflation expectations index in the USA for 5 years ahead from the University of Michigan, Consumer expectations index from the University of Michigan, Consumer sentiment index from the University of Michigan. The value is small, but as a reason for manipulation in the market - have already been used.

- 20:10 Kyiv and Moscow time / 22:10 Astana time - Speech by US Federal Reserve member Bowman (permanent chairman, closer to the "hawks").

- 21:00 Kyiv and Moscow time / 23:00 Astana time - US Federal Budget Execution Report for September. Volatility - only on strong deviation from expectations.