#CPI&JoblessClaimsWatch U.S. inflation cooled in March, with headline CPI rising just 2.4% year-over-year, down from 2.8% in February. Core CPI, which excludes food and energy, climbed 2.8%, its smallest gain since 2021. A sharp drop in gasoline prices led the decline, though food costs continued to rise. Meanwhile, jobless claims remained stable at 223,000, reflecting a resilient labor market despite growing economic uncertainty. The unemployment rate held at 4.2%, with strong job growth in March. Still, economists warn that new tariffs could soon reverse the progress on inflation. All eyes remain on the Fed's next move. #CPIandJobs