#CPI&JoblessClaimsWatch
CPI & Jobless Claims Update:
Inflation (CPI):
March CPI came in cooler than expected:
Headline MoM: -0.1% (forecast: +0.1%)
Headline YoY: 2.4% (forecast: 2.5%)
Core CPI MoM: +0.1% (forecast: +0.3%)
Core YoY: 2.8% (forecast: 3.0%)
Takeaway: Inflation may be slowing faster than expected, which could ease pressure on the Fed.
Jobs Data:
Initial jobless claims: 223K, in line with estimates (up from 219K last week)
Continuing claims: 1.85M, better than the 1.886M forecast
Labor market: Looks stable — not too hot, not collapsing
Market Reaction:
Suggests the economy is cooling, not crashing
Could be bullish for risk assets if the Fed turns dovish
But don’t expect rate cuts just yet
Tariffs and global tensions could still shake things up
What’s your view on where markets go from here?