Analysis

Investors looking towards the potential for interest rate cuts by the US Federal Reserve (Fed) are studying a variety of incoming data points. One of the many important ones is the JOLTS (Job Openings and Labor Turnover Survey) report for December 2024. That’s scheduled for release on 4th Fed.

Initial jobless claims in the U.S. decreased by 10,000 to 235,000 for the week ended July 20, surpassing economists' expectations of 238,000 claims.