#CPI&JoblessClaimsWatch Here's what you need to know about today's CPI data and jobless claims:
CPI Data
The Consumer Price Index (CPI) measures inflation rates, with a focus on core inflation excluding food and energy prices. The latest CPI report showed a 2.8% annual increase, lower than expected, which may influence the Federal Reserve's decision on interest rates ¹.
- *Headline Inflation*: 2.4% (down from 3.0% in January)
- *Core Inflation*: 3.1% (down from 3.3% in January)
Jobless Claims
Initial jobless claims are expected to be around 223,000, slightly higher than the previous week's 219,000. This data will provide insights into the labor market's health and potential economic trends ².
- *Initial Jobless Claims*: 223,000 (actual) vs. 223,000 (forecast)
- *Continuing Claims*: Not available