#CPI&JoblessClaimsWatch
Consumer Price Index (CPI) came in hot again, signaling persistent inflationary pressures. Core CPI remains elevated, suggesting the Fed may stay cautious on rate cuts.
Jobless Claims ticked up slightly but remain historically low, pointing to a still-resilient labor market.
Markets are watching closely:
Sticky inflation = fewer/no rate cuts
Strong jobs = continued consumer spending
Fed = stuck between a rock and a hard place