The week in review: August winds down with lower scrap prices
Market movements and economic highlights to start your week.
Market movements and economic highlights to start your week.
Powell confident inflation is dropping, labor issues on the rail line and more
We continue to operate in a market that is oversupplied, keeping freight rates well under control.
Investors will now pay close attention to a busy economic calendar on Wednesday, with the May CPI report followed by the conclusion of the Federal Reserve’s two-day policy meeting.
The report credits the decline to a reduction in order backlogs, new orders, production, and supplier deliveries.