- The economy expanded at a 2% pace in the 1st quarter of 2026, showing modest growth following the 43-day government shutdown last fall.
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- Jobless claims fell last week to the lowest level since 1969, a sign that job cut announcements have not yet meaningfully translated into layoffs.
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- The Fed left its policy rate unchanged at this week's meeting, but some members signaled that rate cuts are no longer more likely than hikes.
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