#CryptoCPIWatch

*CryptoCPIWatch 📉 Market Updates!*

*US Jobless Claims Slightly Up, Labor Market Remains Stable 💼*

Initial jobless claims rose by 4,000 to 223,000 (as expected) for the week ending April 5. Continuing claims dropped 43,000 to 1.85 million, showing a resilient job market.

Inflation Eases: CPI Falls to 2.4% 🤑

March 2025 CPI came in at 2.4% (vs. 2.5% expected), and Core CPI at 2.8% (vs. 3.0%). However, 125% tariffs on Chinese goods might heat up inflation soon! 🚨

*CPI Details 📊*

- Monthly CPI slipped 0.1%

- Energy prices dropped 2.4% (gasoline -6.3%)

- Food costs rose 0.4%

- Core CPI up 0.1%, with airfares and used cars seeing price drops

*Dollar Drops, Markets Rally 📈*

- USD down ~6% year-to-date

- S&P 500 surged 5.6% after Trump delayed tariffs

*Fed's Caution ⚠️*

- Fed Chair Jerome Powell warned tariffs could drive inflation higher and slow growth

- Rate cuts aren't on the table yet

Stay alert, investors! 👀 Today's CPI report might shape the Fed's next move. 💸

*#CryptoCPIWatch #MarketUpdates #Inflation #Fed #Tariffs*