GeneralBearishcrypto.news · 2h ago7/10
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US jobless claims come in at 200,000; strong labor data keeps pressure on crypto
US jobless claims fell to 200,000 for the week ending May 2, beating expectations and signaling continued labor market strength. This resilient employment data increases pressure on the Federal Reserve to maintain higher interest rates for longer, potentially delaying or reducing the scope of anticipated rate cuts.
