The year-on-year CPI inflation for February is expected to be 2.9%, lower than 3.0% in January.
The core CPI is expected to be at 3.2%, a slight decrease from the previous 3.3%.
The perspective of interest rate cuts by the U.S. Federal Reserve may change based on CPI data.
Cryptocurrency markets, stocks, and fluctuations of the U.S. dollar depend on inflation trends.
U.S. inflation data is expected to show a cooling, but risks persist