������ý

The Federal Reserve reduced its key interest rate for the third time in a row Dec. 10 but signaled that it may leave rates unchanged in the coming months.

In addition to sales expectations and hiring intentions, the overall index was boosted by a slight improvement in plans to increase inventories and earnings trends.

Fed officials are widely expected to cut their benchmark interest rate for a third straight time Dec. 10, in a bid to safeguard against worsening labor market conditions.

In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”

“Starting now, accuracy is getting worse,” Omair Sharif, president of Inflation Insights, said in an Oct. 9 interview, just over a week into the shutdown.

CSCMP’s 2025 State of Logistics Report found that annual expenditures associated with moving freight grew 5.4% year over year to $2.58 trillion in 2024 compared with 2023.

The Commerce Department reported Sept. 26 that its personal consumption expenditures price index was up 2.7% in August from a year earlier.

The central bank’s focus has shifted quickly from inflation to jobs, as hiring has grounded nearly to a halt in recent months and unemployment has ticked higher.

Money managers turned the most bullish on diesel in four weeks after Fed Chair Jerome Powell signaled openness to a rate cut last month.

Q3 data from Statistics Canada’s Canadian Survey on Business Conditions said 42% of businesses didn’t pass along tariff-related cost increases to their customers in the past six months.