High impact week: Central Bank of Canada and FED
The loonie could stay lower this week ahead of the interest rate announcement this Wednesday at 12:00 pm EST. The Central Bank of Canada would keep its interest rates unchanged and the economy finds itself with an inflation of historical record of 30 years. The BBC’s lack of initiative could leave investors with no incentive […]
Bank of England would anticipate with its rate hike
Bank of England lawmaker Michael Saunders said he is preparing for interest rate hikes “significantly sooner” as inflationary pressure builds on the British economy, the Telegraph newspaper said on Saturday. Saunders said investors were right to bet on faster increases in borrowing costs with consumer price inflation above 4%. The Bank of England could become […]