As the Trade War continues, Bank of Canada warns new US tariffs may cut Q4 New US tariffs could reduce Canada’s fourth quarter growth to below 1%, Bank of Canada Governor Tiff Macklem said on Monday. The central bank faces competing pressures as slower growth...
The roof is on fire; Fed raises rates for first time since 2023 The Federal Reserve on Wednesday hiked its key interest rate as widely expected, marking the first tightening of monetary policy since July 2023. Meanwhile, the central bank’s updated dot plot showed one...
All bets are in, U.S. 10-year yield surges past 5% to highest since 2007 U.S. Treasury yields surged to peaks not seen since 2007 on Tuesday, as global fixed-income desks girded for what many suspects will be just the opening salvo in a renewed series of...
If you were a betting man, Fed hike bets, oil surge weigh on risk appetite Data on Friday showed that U.S. employers added 162,000 jobs in August, nearly triple economists’ expectations, while the unemployment rate held at 4.1%.The report pushed markets to price a...
This looks bad, Global bond sell-off worsens as U.S. 2-year yield touches highest level since 2025 A relentless global bond market sell-off accelerated on Tuesday, driving sovereign borrowing costs across North America, Europe, and Asia to generational highs as...
Settled matter, Meta to pay $18 billion in mass social media settlement Meta Platforms has agreed to pay roughly $18 billion to settle claims from a 29-state coalition of attorneys general that its platforms caused harm to children. Shares of Meta (NASDAQ: META) rose...
