This week's CPI and PCE data will be released, which may not change the Federal Reserve's wait-and-see attitude

The non farm payroll data for February showed weaker than expected employment performance, in contrast to market expectations of strong resilience. However, there was no significant adjustment in market expectations for interest rate cuts, and the interest rate market indicated that the next rate cut may still occur in the second half of the year. This week, CPI and PCE data will be released successively. As the Federal Reserve's decision approaches next week, it is highly concerned whether inflation data can cool down and resonate with employment. Analysts believe that the rebound in energy may hinder the cooling of inflation, and the data may be difficult to change the Federal Reserve's wait-and-see attitude.