US initial jobless claims unexpectedly fell, and there are disagreements within the Federal Reserve regarding a December rate cut decision.
OdailyNov 26, 2025Amidst persistent economic uncertainty in the United States, the number of Americans filing initial jobless claims last week unexpectedly fell to its lowest level since mid-April, remaining at a relatively low level. However, the data reveals that it is becoming more difficult for those who have lost their jobs to find new ones, making the Federal Reserve's decision to cut interest rates in December more difficult.Federal Reserve officials have lowered interest rates at the last two policy meetings, focusing on supporting the slowing labor market. But policymakers are divided on whether to support another rate cut at the final meeting in December this year, as they try to strike a balance between a weak labor market and stubbornly high inflation.[Odaily Planet Daily]
Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse
US initial jobless claims unexpectedly fell, and there are disagreements within the Federal Reserve regarding a December rate cut decision.
OdailyNov 26, 2025Amidst persistent economic uncertainty in the United States, the number of Americans filing initial jobless claims last week unexpectedly fell to its lowest level since mid-April, remaining at a relatively low level. However, the data reveals that it is becoming more difficult for those who have lost their jobs to find new ones, making the Federal Reserve's decision to cut interest rates in December more difficult.Federal Reserve officials have lowered interest rates at the last two policy meetings, focusing on supporting the slowing labor market. But policymakers are divided on whether to support another rate cut at the final meeting in December this year, as they try to strike a balance between a weak labor market and stubbornly high inflation.[Odaily Planet Daily]
Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors
00:00 / 00:00
00:0000:0000:00