2024-05-05 22:40:00 ET
The S&P/TSX Venture Composite Index (INDEXTSI: JX ) lost 4.85 points last week to close at 581.7.
This past Tuesday (April 30) and Wednesday (May 1) brought the latest meeting of the US Federal Reserve’s Federal Open Market Committee (FOMC). With recent data suggesting inflation has stalled and demand in the labor market has outstripped supply, the FOMC held interest rates at 5.25 to 5.5 percent, a level established in July 2023.
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