Latest dashboard: Macro and Markets Dashboard: United States
The Fed’s first rate hike since the crisis has taken place smoothly. The S&P was up on Wednesday, following the announcement, but closed basically flat on the week. Oil closed under $35 a barrel on Friday, and the U.S. Dollar strengthened further against the Canadian dollar, the South African Rand, and the Russian Ruble.
Monthly CPI figures showed that inflation remains practically zero. Capacity utilization was down half a percent on the month.