Coinworld News: On March 13, the U.S. fourth-quarter real GDP growth rate was significantly downward revised to 0.7%, down from the preliminary figure of 1.4%, notably falling short of market expectations of 1.5%, indicating a clear slowdown in economic momentum. Following the data release, markets still expect the Federal Reserve may cut rates as early as before September, but amid persistent inflation and Middle East tensions pushing oil prices higher, the rate cut outlook remains uncertain. Meanwhile, the U.S. January PCE price index rose 0.3% month-over-month and increased to 2.8% year-over-year; core PCE, excluding food and energy, rose 0.4% month-over-month and increased to 3.1% year-over-year, reaching a near two-year high. Core PCE has recorded a month-over-month increase of 0.4% for two consecutive months, indicating that inflation remains sticky.

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