$BTC Today will release PCE inflation data and GDP growth data. PCE is the Federal Reserve's primary inflation indicator, expected to remain unchanged at 2.9%, the same as last month. Any result higher than this value will support stricter policy and a more hawkish stance from the Federal Reserve at next week's FOMC meeting, as it would indicate that inflation was already rising before the recent surge in oil prices.

Based on the strength of the dollar, the market is currently speculating on this, especially since CPI and PCE are expected to increase next month. Remember that this week's data does not account for increases in energy and transportation costs due to current geopolitical tensions. Regarding GDP growth, it is expected to be positive but still relatively low compared to previous months, projected at 1.4%.

Any result higher than this value would indicate that the U.S. economy is performing better than expected, which would give the Federal Reserve more room to address inflation. If it falls below this value, it would indicate that the Federal Reserve has less room to address inflation, as it still needs to consider weaknesses in the domestic economy. In any case, the rise in oil prices will force the Federal Reserve to address inflation, which is why only an end to tensions in the short term would truly matter.