Inflation has come down, which is good for interest rate cuts.

According to Odaily Planet Daily, the core PCE price index in the U.S. for January increased by 0.3% month-on-month, in line with expectations, while the previous value was 0.2%.The core PCE price index in the U.S. for January increased by 2.6% year-on-year, in line with expectations, while the previous value was revised from 2.8% to 2.9%.