🚨TODAY: U.S. initial jobless claims fell by 22,000 to 187,000, the lowest level since September 1969 and well below the 212,000 forecast. Continuing claims also dropped to a six-week low of 1.796 million, signaling continued strength in the labor market. With this number, the Federal Reserve has less reason to cut interest rates and can stay focused on inflation.(Coin Bureau)