Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the joli-table-of-contents domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/news/wp-includes/functions.php:6114) in /var/www/html/news/wp-includes/rest-api/class-wp-rest-server.php on line 1893 {"id":25411,"date":"2024-04-29T07:43:32","date_gmt":"2024-04-29T07:43:32","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=25411"},"modified":"2024-04-29T07:43:38","modified_gmt":"2024-04-29T07:43:38","slug":"this-weeks-economic-moves-will-cryptos-swing","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/this-weeks-economic-moves-will-cryptos-swing\/","title":{"rendered":"This Week’s Economic Moves: Will Cryptos Swing?"},"content":{"rendered":"\n

An Eventful Week in Economics and its Ripple Effects on Cryptocurrencies<\/h2>\n\n\n\n

The upcoming week promises heightened activity across the economic and financial landscapes, spearheaded by a pivotal Federal Reserve meeting and an influx of earnings reports. With the Federal Open Market Committee expected to maintain interest rates between 5.25% to 5.5%, the focus will be on Fed Chair Jerome Powell’s press conference, which will address ongoing inflationary pressures. Additionally, over 20% of the S&P 500 companies are set to release their quarterly earnings, injecting further volatility into the markets.<\/p>\n\n\n\n

This tumultuous period coincides with the release of critical economic indicators such as the April jobs report, consumer confidence, and manufacturing data, which could provide further clues about the economic direction in the coming months. The convergence of these significant events marks a potentially transformative week for both traditional and digital asset markets.<\/p>\n\n\n\n

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This week is going to be absolutely wild:

The Fed will react for the FIRST time to rising PCE, PPI, and CPI inflation data.

This includes Fed Chair Powell\u2019s Q&A after the first 2 month increase in inflation since September 2023.

Meanwhile, over 20% of the S&P 500 will be\u2026<\/p>— The Kobeissi Letter (@KobeissiLetter) April 28, 2024<\/a><\/blockquote>