Fed's Schmid says the labor market remains healthy.

A Houthi spokesperson said Saudi warplanes carried out 66 airstrikes and missile attacks in the past 24 hours, using F-15s, Typhoon fighters and armed reconnaissance aircraft to strike civilian infrastructure in Al Jawf, Taiz, Marib, Hodeidah, Hajjah and Saada provinces. The aircraft operated from Khamis Mushait, Taif and King Faisal Naval Base, while missile launches came from Jizan and Najran. The strikes reportedly killed and wounded multiple civilians, mostly women and children. The spokesperson said total Saudi air and missile attacks have reached 1,642 since Riyadh’s escalation.

Israeli Prime Minister Netanyahu said Israel will thwart such attempts and, if they make that mistake, will respond with overwhelming force.