REAL ESTATE JERKY DAILY

Jobless Claims Data and Consumer Price Index Update

July 11, 2024 · 02:48

Welcome to another episode of the Real Estate Jerky Daily with your host, Ed Parcaut. In today's market update, Ed dives into the latest key economic data and its impact on the bond market and interest rates. **Topics Covered:** - **Initial Jobless Claims:** A look at the 222,000 claims for the last week, reflecting a decrease of 17,000 from the prior week. - **Continuing Jobless Claims:** Analysis of the slight decrease to 1.852 million and what it may imply. - **Consumer Price Index (CPI):** A decrease of one-tenth month-over-month and three-tenths year-over-year, indicating improvements in inflation rates. - **Core CPI Rate:** Insights int