Central banks shift into reverse at different speeds, setting stage for exchange rate moves
Markets expect a gap to open up between the more hawkish U.S. Federal Reserve and other advanced-economy central banks
Source: theglobeandmail.com
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The Post-Pandemic Job Bonanza Is History
The U.S. job market is starting to look a lot more like it did before the pandemic as employers lose their appetite for hiring, which had seemed insatiable in recent months.
Source: investopedia.com
TSX ends higher as investors eye path to Fed rate cuts
Canada's main stock index ended higher on Wednesday, helped by gains for financial and technology shares, as the Federal Reserve signaled it could still cut interest rates in 2024. The...
Source: marketscreener.com
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Inflation Rose Faster Than Expected For Third Consecutive Month In March
Inflation in March once again proved more stubborn than forecasters had expected, dimming hopes that the Federal Reserve will cut interest rates in the next few months.
Source: investopedia.com
Bank of Canada expected to remain on hold this week, but could signal policy shift
The central bank has held its policy rate at 5 per cent since July, but Bay Street economists and traders expect monetary policy to pivot in the coming months
Source: theglobeandmail.com