US CPI and Jobless Claims Update
Here's a quick rundown of what's happening:
CPI (Consumer Price Index)
๐ Month-over-month: Decreased by 0.1% in March 2025
๐ Year-over-year: Inflation sits at 2.4%, indicating cooling inflation
๐ Core CPI: Rose 0.1% in March, with a yearly rate of 2.8%, showing underlying inflation is still sticky but not surging
Jobless Claims ๐ด
๐ Initial jobless claims: Rose by 4,000 to 223,000 last week, still historically low
๐ Labor market: Remains steady, with claims below 226,000 for the sixth week in a row
๐ข What It Means
Inflation is gradually easing, and the labor market is resilient, keeping recession fears in check for now. Want to know more about the potential impact on:
- Markets?
- Interest rates?
- Fed's next move?
Stay tuned.