Tonight at 20:30, the U.S. Department of Labor will release the February unadjusted CPI data. Currently, market expectations are unchanged from the previous value, both at 2.4%.

CPI, or Consumer Price Index, mainly measures the price changes of goods and services related to daily life. It is one of the most core indicators for measuring inflation levels. Simply put: a higher-than-expected release is positive for the US dollar.

The previously released February non-farm payroll data did not meet expectations, contrasting with the market's original optimism about economic resilience. However, market expectations for a Federal Reserve rate cut have not changed significantly, and interest rate futures still lean towards the next rate cut likely happening in the second half of this year. #伊朗在霍尔木兹海峡布设水雷