#CPI&JoblessClaimsWatch The Market
- Consumer Price Index (CPI) data and weekly unemployment claims are among the most important economic indicators monitored by financial markets. - A rise in CPI indicates an increase in inflation, which may prompt central banks like the US Federal Reserve to raise interest rates, affecting investors' appetite for risk.
- On the other hand, an increase in unemployment claims reflects a decline in the labor market, which may lead the Fed to postpone raising interest rates. Therefore, it is important for traders on the pair