#CryptoCPIWatch
The U.S. Bureau of Labor Statistics (BLS) will release its February report on the Consumer Price Index (CPI) on Wednesday at 12:30 PM GMT, providing a critical analysis of inflation trends. Market analysts expect a slight decrease in inflation, which could influence Federal Reserve policy, the U.S. dollar, and risky assets such as cryptocurrencies.
The core CPI inflation rate is expected to stand at 2.9% year-on-year, down from 3.0% in January, marking the first consecutive decline in core and overall inflation since July 2024. The core CPI inflation rate, which excludes food and energy, is expected to drop to 3.2% from 3.3%.