CPI and Initial Claims due out at 8:30 AM

Written March 18, 2010 at 8:18 AM EST by  

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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