It is expected that the inflation rate in the Consumer Price Index in February will reach 2.9% year-on-year, down from 3.0% in January.
The core Consumer Price Index is expected to reach 3.2%, a slight decrease from 3.3% previously.
Expectations for interest rate cuts from the U.S. Federal Reserve may change based on Consumer Price Index data.
Cryptocurrency and stock markets, as well as fluctuations in the U.S. dollar, depend on inflation trends.