...reinforcing the more hawkish 'labor market is resilient' framework introduced last week.

US initial jobless claims dropped to 215K for the week ending June 20, beating the expected 225K and signaling continued labor market resilience with Fed

...reinforcing the more hawkish 'labor market is resilient' framework introduced last week.

US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests…