Now the market awaits more relevant data on the labor market, which will be published this Friday, and inflation, which will be known on December 11. Both indexes will be reported ahead of the Federal Reserve meeting.
He number of people who requested state aid by unemployment in the United States was placed last week in 224,000, above what was expected, according to the United States Department of Labor.
The previous week’s figure was revised upwards, 215,000compared to a previous estimate of 213,000while economists polled by Reuters expected claims to be at 215,000.
The market awaits other key data
The markets are now focusing on more relevant data on the labor market, which will be published this Friday, and inflation, which will be known on December 11.
Both indices will be reported before the board meeting. Federal Reserve on December 17 and 18.
The president of the Fed, Jerome Powellappeared to support a slower pace of future rate cuts on Wednesday, when he said the economy was stronger right now than the central bank had expected in September.
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The four-week moving average of new claims, which is considered a more reliable indication of labor market trends as it reduces spikes in volatility, rose to 218,250.
The report also showed that the number of people receiving public aid after an initial week of subsidies fell to 1.871 million.
Source: Ambito
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