In a widely expected move, the Federal Reserve announced its decision to raise interest rates by 25 basis points on Wednesday. The Fed decided to raise the target range for the federal funds rate to 2 to 2.25 percent, citing realized and expected labor market conditions and inflation. more...
New Zealand had a record merchandise trade deficit of NZ$1.484 billion in August, Statistics New Zealand said on Wednesday - representing 37 percent of exports. more...
Consumer confidence in the U.S. unexpectedly saw a continued improvement in the month of September, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index climbed to 138.4 in September from an upwardly revised 134.7 in August. more...
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