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MNI DATA BRIEF: U.S. Jobless Claims Fall Stalls

(MNI) Washington

U.S. jobless claims rose slightly in the latest week to 353,000, the Department of Labour said Thursday but remained near a post-covid low and still pointed to gradual improvement in labor market conditions.

MNI has reported the Fed is likely to signal at its September meeting that a QE bond taper is coming soon, although some clarity on thinking could come at this week's Kansas City Fed Jackson Hole symposium.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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