[UBS: U.S. Inflation Data Expected to Be Moderate Tonight] According to a report by Golden Finance, UBS Chief Economist Paul Donovan noted that although the U.S. Consumer Price Index (CPI) data for February predates the recent market turmoil, it remains crucial for the Federal Reserve's policy decisions. He expects the data to reflect moderate underlying inflationary pressures and believes the Federal Reserve should only respond to broad-based price increases. Donovan emphasized that the Federal Reserve lacks policy tools to address isolated market disruptions.