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Dow Hits Another Record, Core PCE 2.8% as Expected | Live Stock
Fed rate cut expectations in December strengthened! The number of initial jobless claims in the United States unexpectedly rose to the highest level in 3 years.
The number of first-time unemployment claims has dropped to a seven-month low, indicating that companies are not laying off large numbers of employees. However, it is becoming increasingly difficult for unemployed individuals to find work.
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