The CPI(Consumer Price Index) is similar to the forecast.
However, the latest Initial Jobless Claims are much higher than the forecast. It's a new ATH(All Time High) since June 2023. The unemployment rate will likely surge again in the next data release.
Alright, the next interest rate decision will likely be a Baby Cut. It's more realistic. I hope that the U.S. economy will succeed a soft landing or no landing 🙏
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