As every Sunday, today we focus on the significant developments that cryptocurrency investors can expect in the coming days. Some of these developments directly impact prices, making it essential to stay prepared. This situation, which we have experienced for years, has become even more meaningful with the increasing integration of cryptocurrencies into mainstream finance.
Important Developments in Cryptocurrencies
Recently released U.S. Producer Price Index (PPI) and Consumer Price Index (CPI) data fell short of expectations, which should encourage the Federal Reserve (Fed). We know that the employment front is not performing well, and Trump’s tariffs have heightened recession concerns. Considering these factors, we can discuss a process where the Fed needs to end its tight monetary policy.
The most significant development of the week is the Fed’s interest rate decision, and Polymarket has already raised the odds of a reversal of tight monetary policy by May to 100%. With only one meeting scheduled before May, Powell must balance recession concerns and initiate a strategic shift for central banks lagging behind China and the EU. Powell’s forthcoming messages will be crucial, especially as long-term consumer inflation expectations rise amidst stock market turbulence and recession fears.
Significant Events of the Week
We will see updates to the Fed’s interest rate predictions, which are quite significant. The long-term interest rate forecast was previously set at 3%. The forecast for two years ahead was 3.375%, while the following year’s prediction was announced as 3.875%.
- 15:30 U.S. Retail Sales (Expectation: 0.6% Previous: -0.9%)
- 17:00 Speech by the U.S. President
- Wormhole Tokenization Event
- NVIDIA GTC Event
- CME SOL Futures Launch Expected
Additionally, customs tariffs will take effect on April 2. As the end of the month approaches, this expectation will increasingly affect the markets. While this seems largely priced in for cryptocurrencies, unexpected movements are always possible.
