#CPI&JoblessClaimsWatch #CPI&JoblessClaimsWatch

In March 2025, U.S. inflation showed signs of easing, with the Consumer Price Index (CPI) decreasing by 0.1% month-over-month, marking the first decline in nearly five years. Year-over-year inflation cooled to 2.4%, aided by a significant drop in gasoline prices. However, economists caution that recently imposed trade tariffs by President Trump, effective from April, could reignite inflationary pressures and impede economic growth. Core inflation, excluding volatile food and energy prices, rose by 2.8%, the smallest increase since March 2021. cite turn0news12

Regarding the labor market, initial unemployment claims for the week ending April 5, 2025, increased modestly by 4,000 to 223,000, slightly below the anticipated 225,000. This stability suggests a resilient labor market despite ongoing trade tensions and recent tariff implementations. The four-week moving average remained steady at 223,000, and the total number of Americans receiving unemployment benefits decreased by 43,000 to 1.85 million for the week ending March 29. cite turn0news14

These developments present a mixed economic picture: while inflation has temporarily subsided, potential risks loom from new trade policies, and the labor market remains stable amidst global economic uncertainties.