Vanguard Says Fed’s Caution Will Hold Back Canada on Rate Cuts

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Vanguard Says Fed’s Caution Will Hold Back Canada on Rate Cuts
Bank Of CanadaBloombergTiff Macklem
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(Bloomberg) -- The Bank of Canada may hesitate to make aggressive rate cuts until policymakers feel assured the Federal Reserve is ready to start lowering...

-- The Bank of Canada may hesitate to make aggressive rate cuts until policymakers feel assured the Federal Reserve is ready to start lowering borrowing costs, Vanguard Group economist Roger Aliaga-Diaz said.How the US Mopped Up a Third of Global Capital Flows Since CovidFed policymakers last week shifted their forecasts for the path of interest rates, signaling just one cut in 2024.

Citigroup’s Veronica Clark is predicting bolder action: she sees Macklem cutting at each of the four scheduled decisions in the second half of 2024, taking the policy rate down to 3.75%, as the labor market weakens. Donald Trump's daughter-in-law, who is the co-chair of the Republican National Committee, was accused of gaslighting with her claim.Anthony Scaramucci Scorches CEOs With 1 Blistering Description Over Trump Meeting

Sen. Murphy says Supreme Court is readying to ‘fundamentally rewrite’ Second Amendment after bump stock ruling

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