Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Jobless claims are likely to decline to 475,000 for the May 8 week from .
A Peek Into The Markets: US Stock Futures Edge Higher; All Eyes On Jobs Report benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Provided by Dow Jones
By Michael S. Derby Federal Reserve Bank of New York President John Williams said Monday that while the U.S. economy is likely to have a very strong year ahead, there isn t yet an imminent need for the central bank to pull back on its aggressive levels of monetary policy support. The economy is now positioned to grow quickly and with accommodative financial conditions, strong fiscal support, and widespread vaccinations, I expect that the rate of economic growth this year will be the fastest that we ve experienced since the early 1980s, Mr. Williams said in a virtual appearance where he also took questions from the audience and then reporters.
A Peek Into The Markets: US Stock Futures Edge Higher; Inflation Data In Focus benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.