A slump in the uS housing and financial sectors, declining consumer spending, the rising jobless rate and weak manufacturing have raised fears that the world’s biggest economy is already in recession. Worries about the US economy continued to drag on the dollar after the Fed said in the statement accompanying its rate decision that ‘recent information indicates that the outlook for economic activity has weakened further’ and that ‘uncertainty about the inflation outlook has increased. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Intraday data provided by ComStock , an Interactive Data Company and subject to the Terms of Use . Historical, current end-of-day data, and splits data provided by FT Interactive Data . read more
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