Gate News Update: On March 11, the U.S. Department of Labor will release the February seasonally adjusted CPI data at 8:30 PM tonight. Market expectations are at 2.4%, with the previous reading also at 2.4%.
The Consumer Price Index (CPI) measures changes in the prices of goods and services related to residents’ living expenses and is often used as an important indicator of inflation. The data reflects price changes for goods and services purchased by consumers. A release higher than expectations usually benefits the US dollar.
Earlier, February non-farm payroll data showed weaker-than-expected employment performance, contrasting with the market’s general expectation of resilience. However, the market’s rate cut expectations have not significantly changed. The interest rate market indicates that the next rate cut is still likely to occur in the second half of the year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Persian Gulf Conflict Pushes Oil Above $119, Reshaping Central Bank Rate Outlook
Gate News message, April 27 — The escalating conflict in the Persian Gulf has disrupted global oil flows, with Brent crude briefly surging above $119 per barrel and WTI spiking sharply from pre-conflict levels. While both benchmarks have retraced, crude prices remain near $100 per barrel, forcing ma
GateNews2h ago
TradFi Fall Alert: VIX (VIX) Falls Over 1.5%
Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews4h ago
U.S. Economic Data This Week May Drive Crypto Market Volatility; Fed Decision and Jobs Report Key
Gate News message, April 27 — The crypto market slipped 0.5% to $2.59 trillion as investors braced for several major U.S. economic releases this week that could shape Bitcoin and altcoin price direction. Bitcoin traded near $77,800, while the Crypto Fear & Greed Index has recently moved toward the m
GateNews9h ago
Bitcoin Rises Amid Middle East Tensions; Analysts Point to Four Key Drivers
Gate News message, April 27 — Despite ongoing Middle East conflict uncertainty, Bitcoin continued its upward momentum, driven by four major factors, according to market analysis.
First, market participants are pricing in a lower probability of regional escalation and increasingly expect the conflic
GateNews11h ago
Goldman Sachs Raises Q4 Oil Price Forecasts to $90/Barrel Brent, $83/Barrel WTI Amid Middle East Supply Tightness
Gate News message, April 27 — Goldman Sachs raised its fourth-quarter oil price forecasts on April 26, citing supply tightness in the Middle East. The bank now expects Brent crude oil (London benchmark) to reach $90 per barrel and WTI crude oil (U.S. benchmark) to reach $83 per barrel, up from
GateNews14h ago
Bitcoin Climbs Above $79K as Asian Equities Rise Amid Easing Geopolitical Tensions
Gate News message, April 27 — Bitcoin and major cryptocurrencies surged on Sunday evening and Monday morning as Asian equities mostly traded higher, with analysts attributing gains to steady exchange-traded fund inflows and easing geopolitical tensions.
Bitcoin (BTC) climbed 2% in the past 24 hours
GateNews14h ago
