The White House is slated to hold a press briefing Thursday afternoon following a rise in the number of people filing new applications for unemployment benefits, as reported by the Labor Department on Thursday.
JOBLESS CLAIMS INCREASE IN SIGN OF LABOR MARKET COOLING
Press secretary Karine Jean-Pierre‘s briefing comes after the Federal Reserve announced on Wednesday that it will raise interest rates to the highest level in 16 years. This is the ninth interest rate raise in a row, with a 0.25 percentage point hike.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
The briefing is scheduled to begin at 1:15 p.m. EDT.
