πΊπΈ Claims came in clean. The FOMC behind them did not.
The day in view
πΊπΈ Claims came in clean. The FOMC behind them did not.
Claims came in at 200,000 for the week ending May 2, under the 206,000 forecast, but the FOMC's four-way dissent split was the most divided vote since 1992, and a Q1 productivity miss of +0.8% vs. +1.1% forecast means the rate path is anything but settled.