🏮BREAKING: U.S. Jobless Claims Surprise to the Downside🏮
U.S. Initial Jobless Claims came in at 214K, below expectations of 223K, signaling a stronger labor market than anticipated. This reduces immediate pressure on the Fed to cut rates and may weigh on risk assets. With employment holding firm, expectations for aggressive easing could be pushed back, keeping markets cautious in the near term.
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