US Continuing Jobless Claims (Jan/24) 1,844K vs. Exp. 1,850K (Prev. 1,819K, Rev. From 1,827K)
The slight decrease in US Continuing Jobless Claims, coming in at 1,844K against expectations of 1,850K, suggests a marginal improvement in the labor market.
BofA Consumer Checkpoint: W/e January 31st total card spending -3.2% Y/Y (vs. prior week +6.6% Y/Y) and the slowdown was most likely due to Winter Storm Fern
Hims & Hers (HIMS) says it will sell a copy of Novo's (NOVOB DC) Wegovy pill at USD 49/mnth
US Continuing Jobless Claims (Jan/24) 1,844K vs. Exp. 1,850K (Prev. 1,819K, Rev. From 1,827K)
BoE Governor Bailey (Q&A) says mortgage market is one of the reason MPC needs to exercise 'judgement' on course of monpol
BoE Governor Bailey (Q&A) says MPC does not spend its time talking about political risks
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However, the previous figure has been revised upwards, which may indicate some underlying weakness. This data point is crucial as it provides insights into employment stability, ultimately influencing monetary policy and growth outlook.
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