#CPI&JoblessClaimsWatch #CPI&JoblessClaimsWatch

Important economic events 🌟 to watch 👁️‍🗨️:

Consumer Price Index (CPI) for March:

Headline index: expected 0.1% monthly, up 2.5% year-over-year.

Core index (excluding food and energy): expected 0.3% monthly, up 3.0% year-over-year.

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Impact of this data: Consumer Price Index (CPI): considered a key measure of inflation from the consumer's perspective. Its rise can affect expectations for interest rate hikes by the Federal Reserve, potentially strengthening the dollar and raising Treasury yields.

Initial jobless claims: an early indicator of employment trends. A rise in claims indicates weakness in the labor market, while a decrease indicates strength in the labor market.