USA CPI decline

Announced in the USA on October 10, 2024 at 9:30 p.m.CPIThe consumer price index (CPI) (year-on-year) resulted in 2.5% compared to the previous month.2.4%It was.

Inflation easingStocks are rising.This is the factor.

simultaneously announced,Number of initial jobless claims for unemployment insurance0.225 million cases last week0.258 million casesIt was.

The number of continued unemployment insurance recipientsResults for 1.819 million people last week1.861 million peopleIt was.

Both have increasedstock market declineOne factor is that expectations of interest rate cuts are growing.Stocks are rising.Both factors coexist.

Announced at the same timeCore CPI(YoY) is 3.2% compared to the previous month.3.3%It was.

This is.stock market declineThis is the factor.

Including food and energy.CPIAmidst the downward trend, the focus is on services.Core CPIis rising.

Last week announced. Unemployment rateIt is a natural result considering the decline. The US economy is performing well.

Precisely because things are going well, price declines will stop and stock prices will range.

If prices do not falllowering interest rates Cannot be continued.

lowering interest rates Cannot be done,price levelsIf it does not fall, the stock price will lose its upside potential.

Unemployment rateIf it does not rise, the stock price does not drop much either.