U.S. Jobless Claims Plummet, Challenging Rate Cut Expectations

U.S. jobless claims saw a significant decrease this week, falling below market expectations and potentially impacting financial markets. Initial claims were reported at 220,000 for the week ending November 15, 2025, marking a notable decline from the previous week’s figure of 228,000. The lower-than-anticipated number suggests a resilient job market, potentially limiting the likelihood of imminent Federal Reserve rate cuts.