Fed Governor Miran Delays CPI Data Release Before FOMC

Federal Reserve Governor Stephen Miran announced on November 21 that upcoming Consumer Price Index (CPI) data will be postponed until after the Federal Open Market Committee (FOMC) meeting.

The delay in CPI data may heighten market uncertainty, influencing asset volatility and policy forecasts, particularly in rate-sensitive sectors and cryptocurrencies like Bitcoin and Ethereum.

Fed Delays CPI Data, Awaiting FOMC Meeting Insights

Federal Reserve Governor Stephen Miran confirmed that the CPI data release would follow the forthcoming FOMC meeting. Miran, known for advocating moderate monetary policies, suggests this change aligns with his dovish views, stressing the importance of analyzing existing economic indicators before committing to a policy decision.

Miran’s statement reflects the Federal Reserve’s caution, as it navigates potential interest rate adjustments. By delaying crucial data, the Fed aims to assess economic trends more accurately, limiting premature reactions from financial markets.

The Federal Reserve has been entrusted with the important goal of promoting price stability for the good of all American households and businesses, and I am committed to bringing inflation sustainably back to 2 percent. — Stephen Miran, Governor, Federal Reserve, Federal Reserve Speech, September 2025

Market response has been mixed. Some investors anticipate restrained movements with a propensity towards safe assets until the next official announcement. Notably, the market’s focus is on how this delay could affect Federal Reserve rate decisions, given Miran’s history of favoring lower interest rates.

Stablecoin Demand Grows Amid CPI Release Postponement

Did you know? During past government actions similar to data delays, cryptocurrency markets have seen increased activity, particularly in stablecoins, as investors hedge against potential market volatility.

CoinMarketCap data indicates USD Coin (USDC) holds a $1.00 value with a market cap of $73.78 billion and a 24-hour trading volume of nearly $27.95 billion, reflecting significant price stability. These figures remain largely unchanged, with a minor monthly slide of -0.02%. The total circulating supply is 73.80 billion USDC, with no cap on maximum supply, as of November 21, 2025.

Coincu research team highlights potential shifts in global financial conditions, anticipating closer scrutiny of central bank policies. This could drive increased regulation in cryptocurrencies as authorities seek tighter control over economic impacts — a trend observed during historical precedents.