#CryptoRoundTableRemarks Key points to remember:
CPI inflation for February is expected to be 2.9% year-on-year, down from 3.0% in January.
Core CPI is forecasted at 3.2%, a slight decrease from the previous 3.3%.
The Federal Reserve's outlook on interest rate cuts may change based on CPI data.
The cryptocurrency market, stocks, and fluctuations of the US dollar depend on inflation trends.
US inflation data is expected to show a cooling, but risks remain.
The US Bureau of Labor Statistics (BLS) will release the February Consumer Price Index (CPI) report on Wednesday at 12:30 GMT, providing important insights into inflation trends. Market analysts predict a slight decrease in inflation, which could impact Federal Reserve policy, the US dollar, and risk assets like cryptocurrencies.
The headline CPI inflation rate is expected to reach 2.9% year-on-year (YoY), down from 3.0% in January, marking the first time both core and headline inflation have decreased since July 2024. The core CPI inflation rate, excluding food and energy, is expected to drop from 3.3% to 3.2%.