Jobless claims edge up as import prices post biggest jump in years

MSN
2026.05.14 17:41
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Initial jobless claims increased by 12,000 to 211,000, indicating stability but potential strain in some sectors. Import prices surged 1.9% in April, marking the largest monthly increase in four years, driven by a 16% rise in fuel costs. Ongoing inflation pressures from energy and supply chain disruptions may hinder the Federal Reserve's ability to lower interest rates by 2026.