#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