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Thursday: CPI, Unemployment Claims and 2019 COLA

Summary:
Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week.• At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.Note: Following the CPI release, Social Security will announce the 2019 cost-of-living adjustment (COLA) and 2019 contribution base (currently 8,400 in 2018).

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Thursday:
• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week.

• At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

Note: Following the CPI release, Social Security will announce the 2019 cost-of-living adjustment (COLA) and 2019 contribution base (currently $128,400 in 2018).
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

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