Thursday, October 10, 2024: Economic Data Release Summary

Thursday, October 10, 2024: Economic Data Release Summary

1️⃣ Continuing Jobless Claims: 1,830K (Forecast: 1,826K)
2️⃣ Core CPI (MoM) Sep: 0.2% (Forecast: 0.3%)
3️⃣ Core CPI (YoY) Sep: 3.2% (Forecast: 3.2%)
4️⃣ CPI (MoM) Sep: 0.1% (Forecast: 0.2%)
5️⃣ CPI (YoY) Sep: 2.3% (Forecast: 2.5%)
6️⃣ Initial Jobless Claims: 231K (Forecast: 225K)

Today's data release shows a slight uptick in jobless claims and a modest increase in inflation. This CPI print may not trigger strong market reactions unless there's a significant deviation from expectations.