U.S. Jobless Claims Fall to Lowest Level in 5 Years

Aug. 1 (Bloomberg) -- U.S. initial jobless claims declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington. Alix Steel and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Britain Needs Keynesian Stimulus, Says Dryden
18:07 - As Bank of England officials gather this week to decipher the latest post-Brexit reports, they’ll probably assess a nasty outlook of slowing growth and faster inflation. Varying levels of tolerance for accelerating price growth are likely to be a major theme of the debate and are already dividing the nine-member Monetary Policy Committee on the need for stimulus. JPMorgan Asset Management Global Market Strategist Alexander discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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