PANews reported on February 28 that according to Jinshi, stock index futures rose after the release of PCE data, while long-term bond yields fell. People's first reaction seems to be that milder inflation data may mean that the Federal Reserve is likely to cut interest rates further. Robert Ruggirello, chief investment officer of Brave Eagle Wealth Management, said in a report: "While additional rate cuts may be many months away, we believe this report will help the Federal Reserve maintain one or two rate cuts in 2025."