The US February unadjusted CPI annual rate will be released tonight at 20:30, with an expected value of 2.4% and a previous value of 2.4%.
BlockBeats News, March 11, the U.S. Department of Labor will release the February unadjusted CPI data tonight at 20:30. The market expectation is 2.4%, with the previous value at 2.4%.
The Consumer Price Index, abbreviated as CPI, is an indicator of price changes calculated based on the prices of goods and services related to residents' lives. It is usually used as an important indicator to observe the level of inflation. Data impact: actual value > forecast value = bullish for the U.S. dollar. The data tracks changes in the prices of goods and services purchased by consumers.
Previously, the February non-farm payroll data showed weaker-than-expected employment performance, which was in sharp contrast to the market's general expectation of strong resilience. However, the market's expectations for interest rate cuts have not been significantly adjusted as a result. Interest rate market data shows that the next rate cut is still most likely to occur in the second half of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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