Core CPI Rises Modestly for a Second Month, Claims Rise

The video discusses recent economic data, including CPI and jobless claims, highlighting a slight increase in inflation and mixed jobless claims data. It analyzes real earnings and rent costs, noting a slowdown in inflation. The market's positive reaction to the data is explored, with a focus on whether current trends resemble pre-pandemic conditions. Speculation on future inflation trends is also discussed, with differing opinions on potential reacceleration.

What was the expected monthly gain for the Consumer Price Index (CPI) mentioned in the video?

• 0.1%

• 0.2%

• 0.3%

• 0.4%

How did the initial jobless claims change compared to the previous week?

• They increased significantly.

• They decreased significantly.

• They remained the same.

• They increased slightly.

What was the change in real average hourly earnings?

• 0.9%

• 1.0%

• 1.1%

• 1.2%

Which category saw a decrease in prices according to the video?

• Apparel

• Food at home

• New cars

• Used cars

What is the potential future trend for inflation as discussed in the video?

• Inflation will drop to pre-pandemic levels.

• Inflation will continue to decrease.

• Inflation will remain stable.

• Inflation may reaccelerate.