February CPI inflation is expected to reach 2.9% year-on-year, down from 3.0% in January.
Core CPI inflation is projected at 3.2%, slightly down from 3.3% previously.
The outlook for interest rate cuts by the U.S. Federal Reserve could change based on CPI data.
Cryptocurrency markets, stocks, and fluctuations in the U.S. dollar depend on inflation trends.
Inflation data in the United States is expected to show a slowdown, but risks remain.