$BTC 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 to be 3.2%, a slight decrease from the previous 3.3%.

The outlook for interest rate cuts by the U.S. Federal Reserve may change based on CPI data.

Cryptocurrency markets, stocks, and fluctuations in the U.S. dollar depend on inflation trends.

U.S. inflation data is expected to show a cooling down, but risks remain.

The U.S. Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) report for February on Wednesday at 12:30 GMT, providing important insights into inflation trends. Market analysts predict that inflation will slightly decrease, which could affect Federal Reserve policy, the U.S. dollar, and risk assets such as 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 decline from 3.3% to 3.2%.