#CPI&JoblessClaimsWatch US March CPI cools to 2.4% YoY, giving bulls some breathing room! Core CPI hits a 3-year low at 2.8%, hinting that the Fed's inflation fight might finally be paying off.

Gas prices dipped 6.3%, but food and shelter costs still creeping up—Fed eyes will stay sharp.

On the labor front:

Jobless claims edged up to 223K, still in historically low territory. 4-week avg stable. Unemployment at 4.2% with solid job gains in March.

TL;DR

Inflation cooling faster than expected

Labor market steady

Odds of a Fed rate cut by June just got stronger

Eyes on the next FOMC meeting—will Powell pivot?

#Inflation #CPI #joblessclaims #FOMC #FedWatch #CryptoNews #MacroMatters