#CPI&JoblessClaimsWatch
Today, April 11, 2025, the markets are holding their breath in anticipation of the CPI and unemployment claims data! Yesterday, the CPI for March showed a decrease to 2.4% (forecast 2.5%), while the Core CPI dropped to 2.8% (forecast 3.0%), indicating a slowdown in inflation. However, unemployment claims rose to 223,000 for the week ending April 5, which aligns with expectations but signals stability in the labor market. This data could influence the Fed's rate decisions. Bitcoin reacted with an increase after the pause in Trump's tariffs.