This week's CPI and PCE will be released one after the other, and the data is unlikely to shake the Federal Reserve's cautious stance.

Odaily Planet Daily reports that February’s non-farm payroll data showed weaker-than-expected employment performance, contrasting sharply with the market’s general expectation of resilience. However, the market’s rate cut expectations have not significantly adjusted accordingly. The interest rate market indicates that the next rate cut is still highly likely to occur in the second half of the year. This week, both CPI and PCE data will be released sequentially. Against the backdrop of the Federal Reserve’s decision next week, whether inflation data can signal a cooling trend and resonate with employment figures will be a key focus for the market. Analysts suggest that the rebound in renewable energy is hindering inflation cooling, and the data is unlikely to shake the Fed’s cautious stance. (Jin10)

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