Economic News: Jobless Claims Rise...good news for interest rates?

The last week or so has seen indications that the economy is slowing, which will help ease any upward pressure on interest rates. First time jobless claims spiked unexpectedly in the latest report. Nevertheless, the unemployment rate remains at under 5%. But this is certainly good news on the interest rate front, as it indicates that the economy is growing at a manageable rate, and therefore no further rate hikes will be needed by the Fed to keep the economy from over-heating. Here's hoping...