CPI & Jobless Claims Watch (April 11, 2025)
Inflation: March CPI cooled to 2.4% YoY (down from 2.8%), but consumer sentiment dropped sharply. One-year inflation expectations jumped to 6.7%—highest since 1981.
Fed Warning: NY Fed’s Williams says tariffs could push 2025 inflation to 3.5–4% and slow GDP growth below 1%.
Jobless Claims: Weekly claims rose slightly to 223K—still stable. Layoffs expected in government agencies and big firms like Meta and Starbucks.
