U.S. Jobless Claims Beat Expectations Fresh data shows U.S. initial jobless claims came in at 216,000, lower than the expected 225,000. What it means: • Labor market remains stronger than expected • Could reduce pressure on the Fed for immediate rate cuts • Markets and
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
U.S. Jobless Claims Beat Expectations Fresh data shows U.S. initial jobless claims came in at 216,000, lower than the expected 225,000. What it means: • Labor market remains stronger than expected • Could reduce pressure on the Fed for immediate rate cuts • Markets and