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Fed Leaves Interest Rates Unchanged, Officials See Possible Rate Hike This Year
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
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4h 33minuter sedan
U.S. Business Inventories Increase In Line With Estimates In April
Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday. The Commerce Department business inventories climbed by 0.5 percent in April after jumping by an upwardly revised 1.0 percent in March.
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7h 15minuter sedan
U.S. Pending Home Sales Spike Much More Than Expected In May
A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.8 percent to 76.8 in May after rising by 0.3 percent to a downwardly revised 74.0 in April. Economists had expected pending home sales to advance by 0.9 percent.
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7h 44minuter sedan
U.S. Retail Sales Growth Exceeds Estimates In May
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had expected retail sales to climb by 0.5 percent.
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9h 17minuter sedan
U.S. Retail Sales Climb Much More Than Expected In May
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday.
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10h 22minuter sedan
U.S. Import Prices Surge 1.9% In May, Much More Than Expected
A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April.
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1 dag sedan
U.S. Housing Starts Plunge 15.4% In May, Much More Than Expected
The Commerce Department released a report on Tuesday showing another steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plunged by 15.4 percent to an annual rate of 1.177 million in May after tumbling by 8.5 percent to a revised rate of 1.392 million in April.
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1 dag sedan
U.S. Import Prices Surge Much More Than Expected In May
A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May.
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1 dag sedan
U.S. Housing Starts Plunge Much More Than Expected In May
The Commerce Department released a report on Tuesday showing a steep drop in new residential construction in the U.S. in the month of May.
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1 dag sedan
U.S. Homebuilder Confidence Dips Slightly More Than Expected In June
Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.
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2 dagar sedan
