#CPI&JoblessClaimsWatch

Today’s data tells the story of the economy’s pulse:

Consumer Price Index (CPI):

Inflation ticked up slightly, signaling persistent pricing pressure in key sectors like housing and services. The Fed might not be easing rates anytime soon.

Jobless Claims:

Initial claims saw a minor uptick, but the labor market remains resilient. Employers are still holding onto workers despite economic uncertainties.

What it means:

Markets are reacting cautiously. Investors are recalibrating expectations on rate cuts, and the dollar is adjusting accordingly.