Monetary Policy & Inflation | US
Today’s increase in claims to 286k from 230k last week and against 225k expected bears watching for the following reasons:
1. Initial claims had moved to pre-pandemic levels, about 200k+ since Nov. Today’s increase is large and unexpected. The Z score, based on 2018-19 data, is above 8.
Today’s increase in claims to 286k from 230k last week and against 225k expected bears watching for the following reasons:
1. Initial claims had moved to pre-pandemic levels, about 200k+ since Nov. Today’s increase is large and unexpected. The Z score, based on 2018-19 data, is above 8.
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