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U.S. Initial Jobless Claims Hit 208,000 for New Low Since Early May 2026

2026-07-17 07:01:51

According to Jin10 data, U.S. initial jobless claims fell to 208,000 for the week ending July 11, marking the lowest level since early May 2026. Meanwhile, Federal Reserve officials signaled divergent policy views: Governor Neel Kashkari stated that moderate rate increases would better balance economic outlook and risks, suggesting early policy tightening is preferable to future sharp adjustments. Vice Chair Jefferson noted that if inflation fails to decline, the Fed may need to reassess its stance to ensure price stability. Governor Schmid emphasized that inflation remains concerning and rejected the notion that the Fed should ignore certain types of price increases.

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U.S. Initial Jobless Claims Hit 208,000 in Week of July 11, Lowest Since Early May

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