The number of Americans filing new claims for unemployment benefits fell more than expected last week pointing to a healthy labor market.
Now may be a good time to start normalizing U.S. monetary policy, Federal Reserve policymaker James Bullard said on Thursday.
Atlanta Fed President Dennis Lockhart also tells CNBC that first-quarter economic growth is very soft.
"We can get out of this if the Fed had any guts, but they don't," analyst Peter Boockvar tells CNBC.
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