#CryptoRoundTableRemarks Main Points:
The Consumer Price Index (CPI) inflation for February is estimated at 2.9% year-on-year, down from 3.0% in January.
Core CPI is estimated at 3.2%, slightly down from 3.3% previously.
The prospect of a decrease in the US Federal Reserve interest rates may change based on CPI data.
The cryptocurrency market, stocks, and fluctuations in the US dollar depend on inflation trends.
US Inflation Data Expected to Decline, but Risks Remain
The US Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) report for February on Wednesday at 12:30 GMT, providing important insights into inflation trends. Market analysts anticipate a slight decrease in inflation, which could impact Federal Reserve policy, the US dollar, and risk assets such as cryptocurrencies.