ANALYSIS OF ECONOMIC DATA FROM 🇺🇸 10/04
> Continued Jobless Claims:
Current: 1.850 | Projection: 1.880 | Previous: 1.893
Lower than expected, indicating a labor market slightly stronger than anticipated. This may be positive for the dollar as it suggests less need for economic stimulus.
> Inflation (CPI and Core CPI)
Data with greater relevance for the Fed's monetary policy.
1. Annual Inflation:
Core CPI (Mar): 2.8% (below the projection of 3.0% and previous 3.1%)
US CPI (Mar): 2.4% (below the projection of 2.5% and previous 2.8%)