#CPI&JoblessClaimsWatch
1. CPI (Consumer Price Index):
March 2025 CPI dipped 0.1% month-over-month.
Year-over-year inflation is at 2.4%, pointing to a continued cooling trend.
Core CPI (excluding food and energy) rose 0.1% in March, with a 2.8% annual rate — still sticky, but not accelerating.
2. Jobless Claims:
Initial claims increased by 4,000 to 223,000 last week.
Despite the uptick, claims remain historically low, highlighting a resilient labor market.
This marks the sixth consecutive week with claims under 226,000.
Bottom line: Inflation is easing, and the labor market remains solid — keeping recession concerns at bay for now.
Curious how this might impact markets, rates, or the Fed’s next move?