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Fed Leaves Rates Unchanged Amid Lack Of Progress On Inflation

Citing a lack of further progress toward its 2 percent inflation objective in recent months, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged. Members of the Fed also reiterated they need "greater confidence" inflation is moving sustainably toward 2 percent before they consider cutting interest rates.
RTTNews | 202 дней спустя
U.K. Market Ends Modestly Lower

U.K. Market Ends Modestly Lower

European markets were mostly closed on Wednesday for Labor Day holiday. Markets in the U.K. and Denmark, which were open for trading, ended the session on a weak note.
RTTNews | 202 дней спустя
Canadian Market Modestly Lower At Noon; Energy, Cannabis Stocks Fall

Canadian Market Modestly Lower At Noon; Energy, Cannabis Stocks Fall

The Canadian market is slightly weak around noon on Wednesday, weighed down by losses in healthcare, energy and consumer discretionary sectors. The mood is cautious with investors digesting the latest batch of economic data from the U.S. and awaiting the Federal Reserve's monetary policy announcement.
RTTNews | 202 дней спустя
U.S. Construction Spending Unexpectedly Edges Slightly Lower In March

U.S. Construction Spending Unexpectedly Edges Slightly Lower In March

Reflecting a decrease in spending on private construction, the Commerce Department released a report on Wednesday showing U.S. construction spending unexpectedly edged slightly lower in the month of March. The report said construction spending dipped by 0.2 percent to an annual rate of $2.084 trillion in March, while economists had expected construction spending to rise by 0.3 percent.
RTTNews | 202 дней спустя
U.S. Manufacturing Index Indicates Modest Contraction In April

U.S. Manufacturing Index Indicates Modest Contraction In April

The Institute for Supply Management released a report on Wednesday showing a modest contraction by U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI slipped to 49.2 in April from 50.3 in March, with a reading below 50 indicating contraction. Economists had expected the index to edge down to 50.0.
RTTNews | 202 дней спустя
U.S. Crude Oil Inventories Unexpectedly Rebound

U.S. Crude Oil Inventories Unexpectedly Rebound

The Energy Information Administration released a report on Wednesday showing an unexpected rebound by U.S. crude oil inventories in the week ended April 26th. The report said crude oil inventories jumped by 7.3 million barrels last week after tumbling by 6.4 million barrels in the previous week. Economists had expected crude oil inventories to decrease by 2.3 million barrels.
RTTNews | 202 дней спустя
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U.S. Private Sector Employment Jumps By 192,000 Jobs In April, More Than Expected

U.S. Private Sector Employment Jumps By 192,000 Jobs In April, More Than Expected

Private sector employment in the U.S. increased by more than expected in the month of April, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment shot up by 192,000 jobs in April after jumping by an upwardly revised 208,000 jobs in March.
RTTNews | 202 дней спустя

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