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U.S. Initial Jobless Claims at 197,000; June Core PCE Inflation at 3.3% U.S. initial jobless claims for the week ending July 25 came in at…

U.S. Initial Jobless Claims at 197,000; June Core PCE Inflation at 3.3% U.S. initial jobless claims for the week ending July 25 came in at 197,000, below expectations of 200,000. The previous reading was revised up from 187,000 to 188,000. The U.S. core PCE price index rose 3.3% year over year in June, in line with expectations, compared with 3.4% previously.