🚀 🔥 Macro Outlook: Fed Rate Decision, U.S. Jobs Data, and PCE Inflation to Drive Markets Next Week 🔥
#FedRateDecision #USJobsData #PCEInflation #NonFarmPayrolls #Stablecoin #FOMC #JoblessClaims #EconomicOutlook #PowellPressConference #ISMManufacturingPMI #ConsumerConfidence
Key macroeconomic events next week include the Federal Reserve’s interest rate decision, Powell’s press conference, and U.S. non-farm payrolls. Markets also eye PCE inflation and Hong Kong’s new stablecoin law.Key TakeawaysFOMC meeting and rate decision Thursday — markets await Powell’s remarks for clues on future cuts.U.S. core PCE inflation expected at 2.7%, matching the prior month’s level.July non-farm payrolls (NFP) expected to slow to 102K from June’s 147K.Hong Kong’s Stablecoin Ordinance takes effect Friday, marking a regulatory milestone.Major Events to WatchWednesday, July 30:U.S. ADP Employment (July): Expected +75K jobs.Thursday, July 31:Federal Reserve FOMC rate decisionPowell’s press conference to set market tone on inflation and cuts.U.S. initial jobless claims (week ending July 26): Prior 217K.U.S. core PCE price index (June): Expected 2.7% YoY, unchanged from May.Friday, August 1:Hong Kong’s Stablecoin Ordinance goes live — first-of-its-kind law for crypto payments.U.S. July Non-Farm Payrolls (NFP): Expected 102K vs. prior 147K.U.S. ISM Manufacturing PMI (July): Forecast 49.6, up slightly from 49.0.University of Michigan Consumer Confidence (July, final): Expected 61.8.#FedRateDecision #USJobsData #PCEInflation #NonFarmPayrolls #Stablecoin #FOMC #JoblessClaims #EconomicOutlook #PowellPressConference #ISMManufacturingPMI #ConsumerConfidence