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🇺🇸 #BREAKING U.S. Initial Jobless Claims Jump
•Actual: 263K
•Estimate: 235K
•Previous: 237K
🚨 Jobless claims surge to their highest level since November 2021, signaling potential cracks in the labor market.
📉 The unexpected spike could strengthen the case for a Fed rate cut, 25-50 bps as policymakers weigh rising unemployment risks against still-elevated inflation.
🧠 Markets may now price in more dovish forward guidance if labor softness continues.
#JoblessClaims FedWatch #RateCut LaborMarket #USEconomy FOMC #Inflation RecessionSignals #MarketUpdate