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US: Initial Jobless Claims dropped to 215K last week
US citizens filing new applications for unemployment insurance ticked lower to 215K for the week ending April 12, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and was lower than the previous week's revised tally of 224K (revised from 223K).Fxstreet
Thu, Apr 17
US weekly jobless claims fall as labor market remains stable
WASHINGTON, April 17 (Reuters) - The number of Americans filing new applications for unemployment benefits fell last week, suggesting labor market conditions remained stable in April, though uncertainty around tariffs is making businesses hesitant to boost hiring. Initial claims for state uneReuters
Thu, Apr 17
INSTANT VIEW-ECB cuts rates again to buffer economy from U.S. tariff hit
LONDON, April 17 (Reuters) - The European Central Bank cut interest rates for the seventh time in a year on Thursday, looking to prop up an already struggling euro zone economy that will take a knock from U.S. tariffs.The ECB has been lowering borrowing costs as post-pandemic price pressures retreatReuters
Thu, Apr 17
ECB cuts rates as tariffs to hits already weak growth
FRANKFURT, April 17 (Reuters) - The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already weak economic growth. Arguing that inflation is well on its way to the 2% target, the c...Reuters
Thu, Apr 17
Fifth Third Bancorp reaffirms annual interest income forecast despite uncertainty
April 17 (Reuters) - Fifth Third Bancorp FITB.O reaffirmed the forecast for its annual net interest income growth on Thursday, as the lender banked on its ability to manage risks from the economic fallout of U.S. and China's escalating tariff war.Regional banks like Fifth Third rely primarily on...Reuters
Thu, Apr 17
Botswana holds main interest rate for fourth meeting in a row
By Brian BenzaGABORONE, April 17 (Reuters) - Botswana's central bank held its main lending rate at 1.90% on Thursday, citing balanced risks to the inflation outlook despite global economic uncertainty sparked by U.S. tariffs slapped on most countries.The Bank of Botswana maintained its monetary ...Reuters
Thu, Apr 17
