On Monday, the stakeholder committee of state-owned utility Santee Cooper is set to meet in Pinopolis. This meeting will enable the committee to go over significant matters and make choices for the organization.
Moving on to Tuesday, the board of the S.C. State Ports Authority will convene in Mount Pleasant. This meeting is a platform for the board members to go over port-connected troubles and make choices relating to the authority’s operations.
Also on Tuesday, Federal Reserve policymakers will start a two-day meeting to decide interest prices. This meeting plays a considerable function in shaping the country’s monetary policies and can have a profound effect on the economy.
Wednesday marks the conclusion of the Federal Reserve meeting, exactly where policymakers will announce their choice on interest prices. This choice, scheduled to be released at two p.m., will be eagerly awaited by economists and investors alike.
On the similar day, quite a few providers will be reporting their quarterly monetary final results. AutoZone, a major auto components retailer, will release its monetary functionality for the quarter.
Also reporting on Wednesday is FedEx Corp., a business regarded an financial bellwether as it supplies insights into worldwide trade and financial activity. In addition, Lennar Corp., a prominent homebuilder, and Common Mills, a main meals business, will also release their quarterly monetary final results.
Thursday brings the U.S. Labor Department’s weekly report on unemployment added benefits, offering insights into the state of the job market place. The National Association of Realtors will also release information on current house sales for the month of August, shedding light on the state of the housing market place.
Moreover, Freddie Mac, a house loan financer, will release its weekly mortgage prices. Final week, these prices showed a mixed trend, with the typical on the benchmark 30-year house loan increasing slightly whilst the comparable fixed-price 15-year mortgage dipped marginally.
On Thursday, Darden Restaurants, the parent business of Olive Garden and LongHorn Steakhouse, will report its quarterly monetary final results, offering insight into the functionality of the restaurant market.
Lastly, on Friday, there are no main financial events scheduled. This day will most likely present a quiet finish to the week in terms of considerable financial news.