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US Economy: Core CPI Rises, Jobless Claims Jump to 263,000
Youtubeยท 2025-09-11 14:45
We've got a hotter than expected reading as CPI on a month over month basis rises 4/10 of a percent. 3/10 has expected for the core. The year over year rate goes to 2.9% from 2.7% and the core rate goes to 3.1%, stays at 3.1%, we should say.The other number out just now, initial jobless claims, big jump there, 263,000 last week. Don't have the previous revised number, but the UNREVISED number was 237. So a significant movement there in terms of continuing claims, 1,939,000.That's a drop from 1,940,000. But ...