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Crypto market eagerly awaits US CPI inflation data, Fed Chair Powell speech this week

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Summary
Nutrition label

69% Informative

The crypto market eagerly awaits the US CPI inflation data for cues on the inflationary pressure in the country.

The market will also keep a close track of Fed Chair Jerome Powell 's comment for Fed potential future plans.

This comes a week after the US FOMC decided to cut interest rates for the second time this year .

The recent Jerome Powell speech from last week was closely watched by the investors.

VR Score

62

Informative language

60

Neutral language

67

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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