US weekly unemployment claims rise
American data shows that the labor market remains stable despite a slowdown in employment growth, with the number of people receiving unemployment benefits decreasing by 22,000 to reach 1.777 million. Initial jobless claims increased by 9,000 to 209,000 over the week, a level that indicates limited layoffs. Additionally, the Producer Price Index in July remained unchanged month-over-month, and the annual growth rate of prices fell to 4.7% as prices for goods and energy declined. It is also expected that the Federal Reserve will keep interest rates unchanged until the end of the year, despite weak employment numbers which saw a loss of 23,000 jobs in July.
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