Fed, BOE, BOJ interest-rate decisions: Crypto Week Ahead

Central bank decisions will dictate the tempo for crypto markets in a packed week of macroeconomic events. Headlining the calendar is the Federal Reserve's interest-rate decision on Wednesday, accompanied by Chair Kevin Warsh’s press conference and the updated Summary of Economic Projections, known as the “Dot Plot.”

The Bank of England and Bank of Japan follow with their own rate decisions on Thursday and Friday, respectively.

Meanwhile, U.S. retail sales and import price metrics land midweek alongside a key reading for the Philadelphia Fed Manufacturing Index.

On the corporate side, digital asset manager CoinShares reports its first-half financial results on Monday, while decentralized communities at Hermes Protocol and Cratos DAO open key governance votes.

What to Watch

(All times ET)

• Crypto
  • Sept. 15: The U.S. Senate returns from summer recess and is expected to schedule a procedural cloture vote on the Digital Asset Market Clarity Act.
• Macro
  • Sept. 14: Canada Inflation Rate YoY for August est. 2.7% (Prev. 2.9%)
  • Sept. 16, 8:30 a.m.: U.S. Retail Sales MoM for August est. 0.8% (Prev. -0.6%); Retail Sales Ex-Auto MoM est. 0.5% (Prev. -0.3%)
  • Sept. 16, 8:30 a.m.: U.S. Import Price Index MoM for August est. 0.2% (Prev. -0.4%)
  • Sept. 16, 2:00 p.m.: U.S. Fed interest-rate decision (FOMC) est. 4.00% (Prev. 3.75%)
  • Sept. 16, 2:30 p.m.: U.S. Fed Chair Kevin Warsh Press Conference & Summary of Economic Projections (Dot Plot)
  • Sept. 17, 7:00 a.m.: Bank of England interest rate decision est. 3.75% (Prev. 3.75%)
  • Sept. 17, 8:30 a.m.: U.S. Initial Jobless Claims for period ending Sept. 12 est. 209K (Prev. 206K); Continuing Jobless Claims for period ending Sept. 5 est. 1810K (Prev. 1820K)
  • Sept. 17, 8:30 a.m.: U.S. Philadelphia Fed Manufacturing Index for September est. 30
  • Sept. 18, 3:00 a.m.: Bank of Japan interest rate decision est. 1.25% (Prev. 1.00%)
  • Sept. 18, 9:15 a.m.: U.S. Industrial Production MoM for August est. 0.3% (Prev. 0.2%)
• Earnings
  • None scheduled

Token Events

• Governance votes and calls
  • Hermes Protocol is voting on a governance proposal to update parameter settings and optimize operational mechanics for its decentralized liquidity management infrastructure. Voting ends Sept. 15.
  • The Arbitrum DAO is voting on imposing permanent bans against three decentralized finance (DeFi) projects — Good Entry, Limitless, and APX Finance — as well as their founders, due to alleged high-severity misuse of ecosystem grant funds. Voting ends Sept. 17.
  • Cratos DAO is voting on a proposal to adjust user reward distribution parameters and calculation periods within its Vote-to-Earn (V2E) mobile app ecosystem. Voting ends Sept. 18.
• Unlocks
  • Sept. 15: Connex (CONX) to unlock 1.32% of its circulating supply worth $12.35 million.
  • Sept. 15: Arbitrum ARB$0.1363 to unlock 1.39% of its circulating supply worth $12.39 million.
• Token Launches
  • No confirmed major token launches.

Conferences

• Sept. 16-17: European Blockchain Convention (Barcelona)
• Sept. 16: DigiAssets Connect (Amsterdam)