Investment Executive on Nostr: nostr:note1ulvt4yyrzn0l806x50xlpvfa5av2l5ck2p6a32n3kgcwm6s84ussu3hqud

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US Jobless Claims Rise to Highest in Nine Months, Raising Concerns for Labor Market and Interest Rates
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#275a7504 ver:1.86

The US jobless claims have risen to the highest level in nine months, raising concerns for the labor market and interest rates. The May jobs report showed stronger-than-expected job growth and wage increases, contradicting earlier indicators of an economic slowdown. This has led to doubts about the feasibility of rate cuts by the Federal Reserve. Additionally, a separate survey of households suggests a potential weakness in the American economy, further raising concerns. The recent spike in jobless benefit claims adds to the uncertainty, potentially influencing the Federal Reserve's interest rate decisions. #JoblessClaims #LaborMarket #InterestRates #Fed #Economy...

#newstr #UsJoblessClaims #UnemploymentRate #LaborMarket #InterestRates #Inflation

https://here.news/story/275a7504?ver=1.86