Fed Meeting Week: Inflation Data to Decide Rate Path
The upcoming September Fed Meeting Week is crucial for investors and traders as it will reveal key economic data that will influence the Federal Reserve's decision on interest rates. The week's calendar includes a dense run of inflation and consumer data, with US markets closed today for Labor Day.
On Thursday, the August PPI reading and jobless claims will be released, while existing home sales will also be announced. However, it is Friday that carries the heaviest weight in this September Fed Meeting calendar, as August CPI lands alongside preliminary Michigan Consumer Survey measures of consumer sentiment and inflation expectations.
The White House has also weighed in on the matter, with President Trump threatening to halt trade with countries running a trade surplus with the US unless the Federal Reserve cuts interest rates. This tension between political pressure and incoming economic figures is part of the backdrop heading into Friday's CPI print and the Fed's meeting the following week.
BTC trades at $79,821.22 as of September 7, 2026, up 2.35% over the past week, according to CoinMarketCap. A cooler-than-expected CPI or PPI data could support a push through the $80,000 resistance area, while hotter data could pressure Bitcoin back toward recent support levels.