USD Actualités Forex
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.
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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.
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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.
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U.S. Job Openings Decrease More Than Expected In March
A report released by the Labor Department on Wednesday showed job openings in the U.S. fell by more than expected in the month of March.
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U.S. Construction Spending Unexpectedly Edges Down 0.2% 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 lower in the month of March.
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U.S. Manufacturing Index Dips Slightly More Than Expected 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.
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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.
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U.S. Private Sector Employment Jumps More Than Expected In April
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.
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U.S. Consumer Confidence Index Drops To Lowest Level Since July 2022
A report released by the Conference Board on Tuesday showed consumer confidence in the U.S. deteriorated by much more than expected in the month of April. The Conference Board said its consumer confidence index slid to 97.0 in April from a downwardly revised 103.1 in March. Economists had expected the index to dip to 140.0 from the 104.7 originally reported for the previous month.
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Chicago Business Barometer Unexpectedly Drops To Lowest Level Since November 2022
MNI Indicators released a report on Tuesday showing Chicago-area business unexpectedly contracted at an accelerated rate in the month of April. The report said the Chicago business barometer dropped to 37.9 in April from 41.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to rise to 44.9.
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