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Bank of Canada s Tiff Macklem says neutral rate likely drifting higher

Tiff Macklem told a Senate committee the neutral rate of interest is likely rising suggesting the bank s 5% rate could be too low. Read on.

United statesPaul beaudryJerome powellStates federal reserve

Bank of Canada s Macklem says neutral rate likely drifting higher

Tiff Macklem told a Senate committee the neutral rate of interest is likely rising suggesting the bank s 5% rate could be too low. Read on.

United statesPaul beaudryJerome powellStates federal reserve

Fed s Jerome Powell leaves door open for another interest rate hike

Federal Reserve chair Jerome Powell suggested the central bank is inclined to hold interest rates steady again at its next meeting. Read on.

New yorkUnited statesMatthew boeslerPierre poilievreJoe oconnorCraig torresJonnelle marteTiff macklemJerome powellPhilip jeffersonGabriel friedmanSpencer platt gettyBarbara shecterPaul volckerHilton hotel on octNational post

Today s news: Trending business stories for October 20, 2023

The Financial Post brings you the top business stories as they happen for October 20, 2023. Read on for breaking news you need to know.

New yorkUnited statesIsrael generalVandana hariJake edmistonMichael roseEurope stoxxTiff macklemJenny cocoSam mizrahiGabriel friedmanKevin carmichaelTourmaline oilNational postCommunity guidelinesAsset management co

Fed s Jerome Powell leaves door open for another interest rate hike

Federal Reserve chair Jerome Powell suggested the central bank is inclined to hold interest rates steady again at its next meeting. Read on.

United statesNew yorkSpencer platt gettyJerome powellDarrell davisPhilip jeffersonMatthew kruchakScott moeTiff macklemJonnelle marteCraig torresPaul volckerMatthew boeslerMarket committeeCommunity guidelinesPostmedia network inc

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