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US initial jobless claims for the week ending June 20 came in below expectations, while the core PCE price index for May was in line with expectations.
BlockBeats News, June 25th - The number of initial jobless claims in the US for the week ending June 20th was 215k, compared to an expected 225k, with the previous figure revised from 226k to 227k.
The final reading of the US real GDP annualized quarterly rate for the first quarter was 2.1%, compared to an expected 1.60% and a previous 1.60%. The US core PCE price index year-on-year rate for May recorded 3.4%, in line with market expectations, marking the highest since October 2023.
Additionally, the final reading of the US real GDP annualized quarterly rate for the first quarter was 2.1%, higher than the expected 1.60%.