The U.S. reported 202,000 initial jobless claims for the week ending March 28, marking the lowest level since January 10, 2026. This figure was below the anticipated 212,000 and slightly adjusted from the previous week's 211,000. Following this data, CME's "FedWatch" indicates a 2.6% probability of a 25-basis-point rate hike by the Federal Reserve in April, with a 97.4% likelihood of maintaining current rates.
U.S. Jobless Claims Hit 2026 Low, Fed Rate Hike Odds at 2.6%
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