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Looking ahead to next week, in terms of economic data, the release of the US March CPI and PPI inflation report next week will be the focus. These data may reveal whether inflationary pressures are rising again and will affect the policy direction of the Federal Reserve. Several Federal Reserve officials have emphasized that the inflation data for January and February are worrying, and have expressed the need to see more progress in pricing to ensure that inflation is moving towards the Federal Reserve's 2% target before considering interest rate cuts.
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