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Analysts: Market reaction to tonight's inflation report may be muted.

according to Jinsi, the U.S. Bureau of Labor Statistics will release the February Consumer Price Index data tonight. The market expects inflation to stabilize but remain above the Federal Reserve's 2% target. TD Securities analysts stated that this week's February CPI report should begin to show a slowdown in service sector inflation, potentially causing the core CPI month-over-month growth rate to slow to 0.23%.

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