Inflation Ticks Up, Putting Potential Rate Hikes Back on the Table for Federal Reserve

Inflation ticked up in January and February, raising questions if this is a bump in the road or a more worrying trend
The Fed is still expected to hold rates steady at its March meeting and debate balance sheet reduction
Powell's remarks and new projections will signal if the Fed is less confident about 3 rate cuts now
The Fed may need to adjust to a new normal for inflation in a post-pandemic economy
Experts say it will still be a while before goods and services inflation balance out enough for a rate cut