Economic Data

Definition ∞ Economic data comprises quantifiable information about economic activity and conditions. This includes metrics such as inflation rates, employment figures, and gross domestic product. Such data provides insights into the health and direction of an economy.
Context ∞ The release of economic data often influences cryptocurrency markets, as investors assess its impact on monetary policy and overall market sentiment. Particular attention is paid to inflation reports and central bank interest rate decisions due to their broad financial implications.