US Fed holds rates steady as construction prices rise
The decision, announced following the Federal Open Market Committee’s latest meeting, was expected by most analysts. The announcement involved some historic intrigue, however, as two Fed governors, Christopher Waller and Michelle Bowman, dissented in favour of lowering rates; a rare move that suggests some division among officials of the central bank. In its statement, the […]
EquipmentShare reveals scale of US rental business
EquipmentShare, the fast-growing US rental business, has revealed revenues of US$3.9 billion for the 12 months to 31 March 2025. That takes it into the same size territory as Herc Rentals in terms of revenues (before Herc’s acquisition of H&E Equipment) and make it a top four rental business in the US and worldwide. The […]