Fed, PCE data, and Hedera upgrade set crypto market tone

This week, markets watch Federal Reserve speeches, U.S. PCE inflation data, Coinbase’s new futures launch, and a Hedera mainnet upgrade.

In crypto markets, several developments will draw attention. On Sept. 22, Coinbase launches its Mag7 + Crypto Equity Index Futures, a product combining major U.S. technology stocks with cryptocurrency ETFs. On Sept. 24, DFINITY hosts an Internet Identity 2.0 event, presenting a new self-sovereign login system. The same day, Hedera executes its mainnet upgrade (release v0.65). On Sept. 25, Plasma introduces its mainnet beta and native token XPL, aiming to establish a stablecoin-focused layer-1 blockchain.

On the macroeconomic side, central bank signals and U.S. data dominate. Fed Governor Stephen Miran speaks Sept. 22, followed by Fed Vice Chair Michelle Bowman and Chair Jerome Powell on Sept. 23. Powell’s speech on the economic outlook will be closely analyzed.

Key economic releases include U.S. PMI surveys on Sept. 23, new home sales Sept. 24, and a series of major indicators on Sept. 25. These include durable goods orders, Q2 GDP, jobless claims, and PCE inflation estimates. On Sept. 26, the U.S. publishes the August PCE Price Index, the Fed’s preferred inflation gauge, along with consumer sentiment data.

International updates include Canada’s producer prices on Sept. 22 and GDP on Sept. 26, as well as Mexico’s retail sales and benchmark interest rate decisions.

The week blends macro policy signals with blockchain upgrades and product launches, creating multiple catalysts for both global markets and digital assets.