#CPI&JoblessClaimsWatch In March 2025, U.S. inflation cooled, with the Consumer Price Index (CPI) rising 2.4% year-over-year, down from 2.8% in February, primarily due to a 6.3% drop in gasoline prices. However, economists caution that ongoing trade tensions and tariffs could reverse this trend. citeturn0news14
Simultaneously, initial jobless claims increased slightly to 223,000 for the week ending April 5, indicating a stable labor market despite economic uncertainties. citeturn0news11