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No Big Shocks in CPI or Jobless Claims

This morning, jobless claims numbers hit expectations exactly, and consumer pricing was a tick above estimates. Initial jobless claims hit 410,000 — exactly what was anticipated. The Consumer Price Index (CPI) reached 0.4%, up from the 0.3% anticipated. The core (subtracting food & energy) was up to 0.2%, above the 0.1% expected. Minor revisions were [...]
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