Inflation Data and Central Bank Policy in Focus as Markets Eye Rate Cuts

• U.S. core PCE inflation report on Friday expected to show prices rising 0.3% in February and 2.8% annually • Futures show 75% chance of Fed rate cut in June, reacting to Powell’s recent dovish comments • ECB rate cut fully priced in for June as inflation reports from Euro countries roll in this week • PBOC let yuan slide to 4-month low before strengthening fix on Monday to protest sharp falls • BOE, ECB officials speaking this week may address market expectations for near-term rate cuts