CPI and Initial Claims due out at 8:30 AM
Intial Claims expected to improve at 455K vs 462K last week. One has to wonder if weather effects one day unwind and we find an improvement.
CPI comes in at +0.1% and Ex Food and Energy come in at +0.1%. The YoY comes in at 2.3% vs 2.6% last month. The Ex Food and Energy comes in at 1.4% vs 1.6% last month. There is little in the way of inflation pressures as pricing power is not there.




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