The Fed raised its policy rate early this month to a range of 3.75%-4%, its fourth straight 75-basis-point interest-rate hike.
“It makes sense to move to a more deliberate and a more data dependent pace as we continue to make sure that there’s restraint that will bring inflation down over time,” she said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EURUSD struggles around 1.0350 as Fed to continue with current rate hike paceEURUSD is facing barricades around the immediate resistance of 1.0350 in the Tokyo session. A meaningful drop in October’s inflation report released l
Read more »
These currencies have tanked this year — and one is down over 75% against the dollarIn some emerging markets, a combination of global pressures and central bank missteps has pushed currencies into a death spiral.
Read more »
If you're talking greatest Lakers players, No. 1 is pure MagicL.A. Times columnist Bill Plaschke gives his take on the 75 greatest players in Lakers history.
Read more »
Fed's Brainard: Will soon be appropriate to reduce the pace of its interest rates hikesIt will soon be appropriate for the Federal Reserve to reduce the pace of its interest rates hikes, Fed Vice Chair Lael Brainard said on Monday. Key c
Read more »
Fed hikes a serious mistake, a Great Depression risk: Ark's Cathie WoodArk Invest CEO Cathie Wood said the Fed is ignoring deflationary signals and could walk down the same path it did in 1929, sparking a major downturn.
Read more »