PANews reported on February 28 that according to Jinshi, futures contract traders continue to bet that the Federal Reserve will resume interest rate cuts in June as data showed that inflation rose in January in line with expectations. They still believe that the possibility of a second rate cut in September is greater than no rate cut. Data showed that the annual rate of the personal consumption expenditure price index fell from 2.6% in December to 2.5% last month, and the core PCE index fell to 2.6%.