U.S. Initial Claims fell a more than expected 12k to 267k in the week of June 13, lowest in a month. 4-week moving average slipped to 276.75k, bouncing very near the lowest levels since 2000. Continuing claims fell 50k in the prior week to 2,222k, also near the lows since 2000.
"Interesting trifecta of U.S. economic data. The key ones.....on jobs and inflation.....would be supportive for a 2015 Fed move." notes BMO Capital Markets
Commentary
Jobs data supportive for a 2015 Fed move
U.S. Initial Claims fell a more than expected 12k to 267k in the week of June 13, lowest in a month. 4-week moving average slipped to 276.75k, bouncing very near the lowest levels since 2000. Continuing claims fell 50k i…
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