Upcoming Release of CPI and PCE Data Amid Rate Cut Speculations

February's non-farm employment data revealed weaker-than-expected job performance, contrasting sharply with the market's general anticipation of resilience. According to Odaily, despite this, expectations for a rate cut have not significantly shifted, with interest rate market data indicating a high probability of the next rate cut occurring in the latter half of the year. This week, both CPI and PCE data are set to be released, drawing attention as the Federal Reserve's decision next week approaches. The focus will be on whether inflation data can signal a cooling trend in conjunction with employment figures. Analysts suggest that the rebound in energy prices may hinder the cooling of inflation, making it unlikely to alter the Federal Reserve's cautious stance.