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NEW YORK, May 18 (Reuters) - U.S. interest rates futures fell on Thursday following news of an unexpected drop in domestic filings for first-time jobless benefits last week and a surprise increase in a regional business gauge from the Philadelphia Federal Reserve.
Federal funds futures implied traders saw a 35 percent chance the Federal Reserve would raise key interest rates twice by year-end. This compared with about 33 percent before the release of the latest jobless claims and Philadelphia Fed data, Reuters data showed. (Reporting by Richard Leong; Editing by Chizu Nomiyama)