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Fox Business Crypto Reporter: This week, we’ll be watching CPI, PPI, Fed remarks, and progress on the Clarity Act
Svmuu News: A Fox Business crypto reporter posted on X, noting that this week will see a flurry of economic data, Fed remarks, and further clarity on the status of the Clarity Act. Key items to watch include the latest inflation data—such as the CPI and PPI—which could influence market expectations for the Fed’s next interest rate decision; Federal Reserve Chair Kevin Warsh will submit the semiannual monetary policy report to Congress and may field questions from lawmakers on Fed-related issues; Michelle Bowman, Chris Waller, Michael Barr, Lisa Cook, and several regional Fed presidents are also expected to deliver remarks; An updated version of the Clarity Act will combine the texts from the Senate Banking Committee and the Senate Agriculture Committee. Some industry sources indicate that key provisions are still under “active negotiation” and that the ethics agreement “has not yet been finalized.” It remains unclear how this will affect the timeline for a full Senate vote, though many hope the vote can be scheduled as early as the week of the 20th.
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