#CPI&JoblessClaimsWatch A quick update on the latest US CPI and jobless claims data:
CPI (Consumer Price Index):
March 2025 saw a slight 0.1% month-over-month decline in CPI.
Year-over-year inflation now stands at 2.4%, indicating a gradual cooling.
Core CPI (excluding food and energy) edged up 0.1% in March, with an annual rate of 2.8%, suggesting underlying inflation remains persistent but not accelerating.
Jobless Claims:
Initial jobless claims rose by 4,000 to 223,000 last week.
Despite the slight increase, claims remain historically low, highlighting a resilient labor market.
This marks the sixth consecutive week with claims staying below 226,000.
Bottom line: Inflation continues to ease gradually, and the labor market remains steady—keeping recession concerns at bay for now.