The recovery may be slowing and the end of the Fed’s QE efforts receding further into the future.
As Bloomberg reports:
Jobless claims increased by 31,000 to 313,000 in the week ended Feb. 21 from a revised 282,000 in the prior period, a Labor Department report showed today in Washington. The median forecast of 49 economists surveyed by Bloomberg saw claims little changed at 290,000.
Meanwhile, as Business Insider reports:
Consumer prices fell 0.7% in January, a bit more than expected, while “core” inflation rose slightly more than forecast at 0.2%.
