#CPI&JoblessClaimsWatch
March 2025's CPI data showed a 0.1% month-over-month decline, bringing year-over-year inflation to 2.4%. This gradual cooling trend is notable. Core CPI rose 0.1% in March, with an annual rate of 2.8%, indicating persistent but stable underlying inflation.
Meanwhile, initial jobless claims increased by 4,000 to 223,000 last week, yet remain historically low. This marks the sixth consecutive week below 226,000, underscoring the labor market's resilience.
The takeaway: inflation's gradual easing and the steady labor market are keeping recession concerns at bay for now. What does this mean for markets, interest rates, and the Fed's next move? Let's explore further.