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Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path /
npub1643…kwfz
2024-05-04 10:02:04

Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Bank of Canada Governor Tiff Macklem Cautions About Possibility of Interest Rates ...

Bank of Canada Governor Tiff Macklem Cautions About Possibility of Interest Rates Remaining High
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#1b1d36c9 ver:0.46

Bank of Canada Governor Tiff Macklem warns that interest rates may not decrease as expected due to the possibility of the U.S. Federal Reserve keeping rates steady or even raising them. This divergence in monetary policy poses challenges for other central banks, including the Bank of Canada. If rate cuts do occur, they may be less than investors hope, potentially weakening the Canadian dollar and raising inflation. Macklem emphasizes the limit to how much the Bank of Canada can diverge from the U.S. Federal Reserve's policy. #BankofCanada #interestrates #monetarypolicy...

#newstr #BankOfCanada #InterestRates #Inflation #FederalReserve #Economy

https://here.news/story/1b1d36c9?ver=0.46
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