A Fox Business crypto reporter said in a post on X that this week is expected to bring a heavy flow of macro and regulatory updates, with markets watching fresh inflation readings, comments from Federal Reserve officials, and new clarity on the status of the Clarity Act. The items in focus include the latest Consumer Price Index and Producer Price Index data, which could shape expectations for the Fed’s next rate decision. The reporter also said Federal Reserve Chair Kevin Warsh is set to deliver a semiannual monetary policy report to Congress and may face questions from lawmakers, while Michelle Bowman, Chris Waller, Michael Barr, Lisa Cook and several regional Fed presidents are also expected to speak. On the legislative side, an updated version of the Clarity Act will combine text from the Senate Banking Committee and the Senate Agriculture Committee. Some industry sources said key provisions remain under active negotiation and that an ethics agreement has not been completed. It is still unclear how that will affect the timing of a full Senate vote, though some are hoping it could happen as early as the week of the 20th.
Odaily reported that a Fox Business crypto reporter said in a post on X that this week will bring a dense run of economic data, Federal Reserve remarks and more clarity on the status of the Clarity Act.
Key items to watch include the latest inflation readings, such as CPI and PPI. The reporter said those figures could affect market expectations for the Federal Reserve’s next rate decision.
Fed officials are scheduled to speak
According to the post, Federal Reserve Chair Kevin Warsh will deliver a semiannual monetary policy report to Congress and may also face questions from lawmakers on Fed-related issues. Michelle Bowman, Chris Waller, Michael Barr, Lisa Cook and several regional Fed presidents are also expected to speak.
Clarity Act text is still being negotiated
On the Clarity Act, the updated version will merge text from the Senate Banking Committee and the Senate Agriculture Committee. Some industry sources said key provisions are still under “active negotiation” and that an ethics agreement is “not finished.”
It remains unclear how that will affect the scheduling of a full Senate vote. Some people hope a vote could be arranged as early as the week of the 20th.
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