CPI and PCE Data to Be Released This Week, Unlikely to Shake Fed's Wait-and-See Stance
Svmuu News According to the February non-farm payroll data, employment performance was weaker than expected, forming a stark contrast to the market's general expectation of strong resilience. However, market expectations for interest rate cuts have not significantly adjusted as a result. Data from the interest rate market indicates that the next rate cut is still most likely to occur in the second half of the year. This week, both CPI and PCE data will be released successively. Against the backdrop of the approaching Fed decision next week, whether the inflation data can once again signal cooling and resonate with the employment data will be the market's focal point. Analysis suggests that renewed energy price rebounds are hindering inflation's decline, and the data is unlikely to shake the Fed's wait-and-see stance. (Jin10)
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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