Analyst: The market's reaction to tonight's inflation report may be muted

According to Jin Shi reports, the U.S. Bureau of Labor Statistics will release the Consumer Price Index data for February tonight. The market expects inflation to stabilize, but still remain above the Federal Reserve's 2% target. Analysts at TD Securities stated that this week's February CPI report should begin to show a slowdown in service sector inflation, which may lead to a month-over-month increase in core CPI slowing to 0.23%.