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Powell said that tariffs have dampened consumer and business sentiment and the government recently reported that the U.S.
The number of Americans filing new applications for unemployment benefits fell sharply last week as the spring break-related ...
US unemployment benefit applications dropped to 228,000 for the week ending May 3, indicating labour market stability. Fed Chair Powell highlights economic resilience amid tariff worries.
Unemployment remains at a healthy level despite heightened uncertainty about how tariffs will impact the U.S. economy.