#CryptoCPIWatch

📉 U.S. Jobless Claims Edge Up; Labor Market Remains Stable

For the week ending April 5, initial jobless claims rose slightly by 4,000 to 223,000, in line with forecasts. Meanwhile, continuing claims (as of March 29) dropped 43,000 to 1.85 million, reflecting a resilient job market. Overall, employment remains steady despite minor changes.

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💸 U.S. Inflation Eases – CPI Falls to 2.4%, Below Estimates

March 2025 CPI came in at 2.4% (vs. 2.5% expected), and Core CPI at 2.8% (vs. 3.0%)—marking the second monthly drop. However, with 125% tariffs on Chinese goods, inflation may heat up soon. Investors, stay alert! 👀

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🔍 CPI Details at a Glance:

Monthly CPI slipped 0.1% (vs. +0.2% in February)

Energy prices dropped 2.4% (gasoline -6.3%)

Food costs rose 0.4%

Core CPI up 0.1%, with airfares and used cars seeing price drops

Core inflation at 2.8% – slowest pace since March 2021

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📉 Dollar Drops to 2025 Low Ahead of CPI Report

The USD is down ~6% year-to-date, benefiting unhedged global equities. Today’s CPI release at 8:30 AM EST could shape the Fed’s next move!

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🚀 Markets Rally After Trump Delays Tariffs (China Hit with 125%)

On April 9, Trump delayed most tariffs for 90 days (maintained 10% baseline), but hiked tariffs on Chinese imports to 125%. The result? S&P 500 surged 5.6%—the biggest one-day gain since WWII! Next catalyst? Today's CPI report.

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⚠️ Powell’s Caution: Tariffs May Fuel Inflation, Slow Growth

Fed Chair Jerome Powell flagged concerns that tariffs are “larger than expected” and could:

Drive inflation higher

Stall economic growth

The Fed remains cautious—rate cuts aren’t on the table just yet.