US inflation appears to be showing signs of moderation, with March CPI data coming in at a modest 2.4% year-over-year increase, while core prices have eased slightly. At the same time, initial jobless claims have ticked up to around 223K, underscoring a labor market that remains resilient amid ongoing trade uncertainty. As both indicators capture key elements of the economic outlook, market watchers are keeping a close eye on any shifts that might influence monetary policy.

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