đš U.S. Jobless Claims Update
The latest U.S. Initial Jobless Claims report is out! đ
Estimated: 219K
Actual: 199K â
Fewer Americans than expected filed for unemployment benefits last week, signaling a still-resilient labor market.
đĄ What this means:
Labor market remains strong â may keep the Fed cautious on rate cuts.
Markets may see short-term USD and stock volatility as traders digest the data.
đ Takeaway: Contrary to some circulating reports, claims came in below expectations, not above. The labor market continues to show stability, which could influence Fed decisions in the months ahead.
#USLabor #FedWatch #Markets #economy

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