#CPI&JoblessClaimsWatch Today, all eyes are on the Consumer Price Index (CPI) data and unemployment claims in the U.S.
The CPI, a key indicator of inflation, can directly influence the Federal Reserve's decisions on interest rates.
Higher-than-expected inflation could delay interest rate cuts. Meanwhile, unemployment claims will provide clues about the strength of the labor market. Lower numbers indicate economic resilience, while increases suggest a slowdown. Investors and analysts remain vigilant, as this data is crucial for the direction of the markets.