🇺🇸 US jobless claims: 206K
Below the 210K estimate. Previous was 209K.
Labor market still tight. Fed's got less ammo for dovish pivots. Risk assets might feel some pressure short-term but this keeps the economy from hard landing narratives.
Watch how $BTC and risk-on alts react to sustained employment strength → could mean higher-for-longer rates.
Below the 210K estimate. Previous was 209K.
Labor market still tight. Fed's got less ammo for dovish pivots. Risk assets might feel some pressure short-term but this keeps the economy from hard landing narratives.
Watch how $BTC and risk-on alts react to sustained employment strength → could mean higher-for-longer rates.