The money market expects the Federal Reserve to cut interest rates by 25 basis points three times this year, and the expectation has changed to dovish

Odaily Planet Daily News: The US Bureau of Labor Statistics will release its February Consumer Price Index (CPI) report at 20:30 tonight. Economists predict that after a significant increase in January, inflation in the United States may remain high last month, further proving that the Federal Reserve's progress in curbing prices has stalled. The cooling inflation data may strengthen traders' bets on the Federal Reserve's interest rate cuts. Currently, the money market expects three 25 basis point rate cuts this year, making market expectations more dovish compared to the two fully priced rate cuts a week ago. (Golden Ten)