For the first time this cycle, futures markets assign better-than-even odds to a Federal Reserve rate hike by year-end 2026. The shift reflects four weeks…
The Bank of Canada held at 2.25% last week with Governor Macklem openly naming the central bank’s dilemma: a slowing economy and rising oil-driven inflation…
The Bank of Canada held at 2.25% Wednesday as oil-driven inflation collides with a weakening labour market. Governor Macklem signalled rates could move in either…
Both central banks held rates Wednesday. The Bank of Canada’s Tiff Macklem explicitly named the stagflation trap: raising rates could crush the economy, cutting could…