#CPI&JoblessClaimsWatch

The US Bureau of Labor Statistics recently released key economic data, including the Consumer Price Index (CPI) and Jobless Claims. Here's a breakdown ¹ ²:

- *CPI*: The March 2025 CPI data showed a 2.4% year-over-year increase, below the forecasted 2.5% and down from February's 2.8%. This decline in inflation could lead to potential interest rate cuts by the Federal Reserve.

- *Jobless Claims*: Initial jobless claims rose to 223,000 for the week ending April 5, slightly higher than the previous week's 219,000. Continuing claims also increased to 1.903 million, indicating some challenges in the labor market.

- *Market Impact*: The lower-than-expected CPI data boosted equity markets, weakened the US dollar, and positively affected crypto assets. Investors are