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News Wire / economy

US Weekly Jobless Claims Hit Lowest Since 1969

RTHK Radio 3 HK Washington D.C. 13d Impact 8
Weekly jobless claims in the United States reached their lowest level since 1969 on Thursday. The Federal Reserve's preferred inflation measure, PCE, reached a three-year high. The report noted that the Iran War is being blamed for the rise in inflation.

Topics

unemployment inflation PCE

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Sources · 7 independent

RTHK Radio 3 HK

“weekly jobless claims hit their lowest level since 1969 on Thursday and the Fed's preferred measure of inflation, PCE, hit a three-year high with the Iran War being blamed.”

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