#CPI&JoblessClaimsWatch Here's what you need to know about today's CPI data and jobless claims:

CPI Data

The Consumer Price Index (CPI) measures inflation rates, with a focus on core inflation excluding food and energy prices. The latest CPI report showed a 2.8% annual increase, lower than expected, which may influence the Federal Reserve's decision on interest rates ¹.

- *Headline Inflation*: 2.4% (down from 3.0% in January)

- *Core Inflation*: 3.1% (down from 3.3% in January)

Jobless Claims

Initial jobless claims are expected to be around 223,000, slightly higher than the previous week's 219,000. This data will provide insights into the labor market's health and potential economic trends ².

- *Initial Jobless Claims*: 223,000 (actual) vs. 223,000 (forecast)

- *Continuing Claims*: Not available

Market Impact

These economic indicators can significantly impact market sentiment and the Federal Reserve's policy decisions. A lower CPI reading may lead to a more dovish stance on interest rates, while higher jobless claims could signal economic weakness ³.

- *S&P 500 Futures*: Down 1.8% ahead of CPI and jobless claims data

- *USD Index*: Struggling near 103.50 after soft CPI data

Keep an eye on these key events and their potential market implications. For the latest updates, consider checking reputable financial news sources like TradingVie or Bloomberg.