More possibility for USA to raise interest rate

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WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a solid pace of job growth in July.

' J+ t3 f' C: S; U& |; V$ U3 KThe sturdy jobs picture together with a strengthening housing market brings the Federal Reserve a step closer to raising interest rates this year.

4 p9 }1 W# u( X% W' s; \( g4 FInitial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November 1973, the Labor Department said on Thursday.
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