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🇺🇸 US jobless claims come in below expectations
Initial jobless claims:
🔴 Actual: 206K
🟡 Forecast: 223K
🟡 Previous: 229K
Claims fell sharply and came in well below expectations, signaling continued strength in the US labor market.
A resilient jobs backdrop reduces pressure on the Fed to ease policy soon. That is moderately negative for risk assets and crypto in the near term.
Strong labor means higher-for-longer stays on the table.
#usjoblessclaims #InitialJoblessClaimsReleased