Macro Calendar & Crypto

A few US reports move every market, crypto included: inflation, jobs and the Fed’s rate decisions. Here is when the next ones come out, what the last ones said, and what Bitcoin did around all 277 inflation and jobs reports since 2019, hour by hour.

Next US reportConsumer prices (CPI)10 Nov 2026 · data for October 2026
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Last time: 3.7%, core 2.6%. Since 2019 Bitcoin moved 1.1% on average in the first hour.
Inflation (CPI) · Sept 20263.7% Hotter ▲Over 12 months; core (without food and energy) 2.6%Next: 10 Nov 2026
Jobs · Oct 2026+165K jobs Unemployment ▼Unemployment 4.1%Next: 4 Dec 2026
Producer prices (PPI) · Sept 20266.3% Hotter ▲Over 12 months, prices businesses getNext: 13 Nov 2026
Fed rate3.75–4.00%Since 28 Oct 2026. FOMC & Crypto →Next decision: 9 Dec 2026

Coming up

The next US reports and Fed decisions, in your time zone. Inflation and jobs reports come out at 8:30 am New York time, Fed decisions at 2:00 pm.

DateYour timeReportData forLast timeTypical first hour
Tue 10 Nov8:30 am NYCPI Consumer prices (CPI)Oct 20263.7%, core 2.6%1.1%
Fri 13 Nov8:30 am NYPPI Producer prices (PPI)Oct 20266.3%0.5%
Fri 4 Dec8:30 am NYJobs Jobs reportNov 2026+165K jobs, 4.1%0.6%
Wed 9 Dec2:00 pm NYFOMC Fed rate decision–3.75–4.00% (hold)1.2%
Thu 10 Dec8:30 am NYCPI Consumer prices (CPI)Nov 20263.7%, core 2.6%1.1%
Tue 15 Dec8:30 am NYPPI Producer prices (PPI)Nov 20266.3%0.5%
Fri 8 Jan8:30 am NYJobs Jobs reportDec 2026+165K jobs, 4.1%0.6%
Wed 13 Jan8:30 am NYCPI Consumer prices (CPI)Dec 20263.7%, core 2.6%1.1%
Thu 14 Jan8:30 am NYPPI Producer prices (PPI)Dec 20266.3%0.5%
Wed 27 Jan2:00 pm NYFOMC Fed rate decision–3.75–4.00% (hold)1.2%
Fri 5 Feb8:30 am NYJobs Jobs reportJan 2027+165K jobs, 4.1%0.6%
Thu 11 Feb8:30 am NYCPI Consumer prices (CPI)Jan 20273.7%, core 2.6%1.1%

“Typical first hour”: Bitcoin’s average move, up or down, in the hour after this kind of report since 2019 (for Fed decisions, the hour after the statement).

Which report moves Bitcoin most

Average size of Bitcoin’s move, up or down, after each kind of report since 2019. On a normal day Bitcoin moves 2.1%. The biggest release-day moves came with Fed rate decisions.

CPI92 reportsFirst hour1.1%Release day2.6%
Jobs93 reportsFirst hour0.6%Release day2.0%
PPI92 reportsFirst hour0.5%Release day2.3%
FOMC64 decisionsFirst hour1.2%Release day2.7%

The thin line in “Release day” marks a normal day (2.1%). Days are measured close to close (00:00 UTC).

Inflation, jobs and the Fed rate, with Bitcoin

Each line is the figure as it stands today (later revisions included), by the month it describes. Hover or tap for the values.

Bitcoin (right scale, log)Left scale: % (inflation over 12 months, unemployment rate, Fed rate)

Hour by hour around a report

Bitcoin’s median price from 12 hours before to 36 hours after each kind of report, compared with the price at the moment it came out (0%). Dashed: CPI reports where inflation came in higher or lower than the month before.

Hotter or cooler than the month before

Median Bitcoin change, grouped by what the report showed compared with the one before: inflation over 12 months up (“hotter”) or down (“cooler”), unemployment up or down. Minutes and hours are measured from the price at the release; days from the close of the day before.

Reports15 minutes1 hourRelease dayNext day1 weekUp the next day
Consumer prices (CPI)
All CPI reports92+0.1%+0.1%+0.1%+0.8%+1.3%58%
CPI hotter43+0.1%+0.2%0.0%0.0%+0.9%49%
CPI cooler39+0.1%0.0%+0.5%+1.0%+2.7%69%
CPI unchanged9+0.1%+0.4%0.0%+0.8%+1.9%56%
Jobs report
All Jobs reports930.0%0.0%+0.1%−0.1%+0.8%48%
Unemployment up250.0%0.0%−0.4%+1.0%+0.8%56%
Unemployment down440.0%0.0%0.0%−0.2%+0.9%43%
Unemployment unchanged24+0.1%+0.1%+0.4%+0.2%0.0%50%
Producer prices (PPI)
All PPI reports920.0%+0.2%−0.3%+0.3%+0.5%52%
PPI hotter490.0%+0.1%−0.7%+0.2%+0.5%51%
PPI cooler34+0.1%+0.1%0.0%+0.3%+0.5%56%
PPI unchanged8+0.2%+0.3%−0.3%−0.1%+0.4%50%
For comparison
All FOMC decisions64–+0.1%+0.4%+0.3%+0.7%56%

A median is the middle value: half the reports did better, half did worse. Markets react to the surprise against what economists expected, which free data doesn’t cover, so “hotter” and “cooler” here compare with the month before. That is a rougher signal, which is why the groups differ less than you might think.

Every report since 2019

Click a row to see Bitcoin hour by hour, from 12 hours before the release to 36 hours after.

ReleaseReportFigurevs beforeBTC at release15 min1 hourRelease dayNext day1 week

Figures are today’s values from the Bureau of Labor Statistics, so they include later revisions (jobs numbers especially can differ from what was announced on the day). October 2025 has no reports: the government shutdown stopped the data collection. CPI’s monthly change for November 2025 is missing for the same reason.

The reports

  • CPI (Consumer Price Index): how much prices rose for shoppers over the last 12 months. “Core” leaves out food and energy, which jump around. The Fed watches it to decide rates.
  • Jobs report (Employment Situation): how many jobs the US economy added (“nonfarm payrolls”) and the unemployment rate. Out on the first Friday of most months.
  • PPI (Producer Price Index): prices businesses get for what they sell. It often shows inflation before it reaches shoppers.
  • FOMC: the Fed’s rate decision, eight times a year. See FOMC & Crypto.

Why crypto cares

Higher inflation or a very strong jobs market means the Fed is more likely to keep rates high or raise them, which makes money more expensive and usually hurts risky assets like crypto. Cooler inflation or a weaker job market points the other way. That’s why Bitcoin often jumps within minutes of 8:30 am New York time.

What really moves prices is the surprise against economists’ forecasts, and the same report can be read both ways. A few hundred reports is a small sample and other news often lands the same day. These are patterns from the past, not predictions. Not financial advice. See also the Fear & Greed Index.

Frequently asked questions

Which US reports move crypto?

Inflation, jobs and the Fed's rate decisions. Since 2019, the biggest release-day moves in Bitcoin came with Fed rate decisions.

What time do US inflation and jobs reports come out?

Inflation and jobs reports come out at 8:30 am New York time. Fed decisions come at 2:00 pm.

Why does inflation data move Bitcoin?

Higher inflation means the Fed is more likely to keep rates high or raise them, which makes money more expensive and usually hurts risky assets. Cooler inflation points the other way.

What is the difference between CPI and PPI?

CPI measures how much prices rose for shoppers. PPI measures prices businesses get for what they sell, and it often shows inflation before it reaches shoppers.

Does a strong jobs report help Bitcoin?

Not necessarily. A very strong jobs market makes the Fed more likely to keep rates high or raise them. What really moves prices is the surprise against economists' forecasts.

Release dates: Bureau of Labor Statistics (archives and schedules). Figures: BLS public data API. Fed decisions: Federal Reserve. Bitcoin: Coinbase (15-minute, BTC-USD) and CoinMarketCap (daily close). Updated when the site is rebuilt, several times a day.