The U.S. February PCE report will be released tonight, and the interest rate cut expectations may be validated
According to Jinshi, the U.S. February PCE report will be released at 20:30 Beijing time, and service prices are expected to continue supporting core inflation, while commodity prices may rebound significantly. U.S. inflation is facing multiple pressures, and the expectation of the Federal Reserve to cut interest rates "later and less" may be further strengthened.
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