US Jobless Claims 4-week Average (Feb/28) 215.75K (Prev. 220.50K, Rev. From 220.25K)
The decline in the 4-week average of US jobless claims to 215.75K, down from a revised 220.50K, signals a potential strengthening in the labor market.
Iran's army targets headquarters of US forces in Iraq's Erbil with drones, Iranian state TV reports
Fed's Barkin (2027 Voter) says 2.8% productivity is still a pretty good number, via Bloomberg TV; are seeing companies invest in productivity
US Jobless Claims 4-week Average (Feb/28) 215.75K (Prev. 220.50K, Rev. From 220.25K)
Baker Hughes (BKR) files to sell five-part debt
US Gulf allies low on Iranian missile interceptors, CBS reports
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This downward trend, particularly when confirming recent data stability, could influence expectations for economic growth and the Fed's monetary policy direction, possibly leaning towards less dovish sentiment in upcoming meetings.
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