Forex
globalreutersJanuary 29, 20251 Mins read
Bank of Canada Governor Macklem says tariff threat weighing on CAD
globalreutersJanuary 29, 20251 Mins read Bank of Canada Governor Macklem with some comments after the Bank cut rates again this week:
Macklem:
- low inflation has been restored
- the threat of tariffs is having a bigger impact on the Canadiaon dollar than is the interest rate differential with the US
- can mitigate tariff impact to avoid abrupt changes
- household debt is not sustainable re growth in consumption
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
USDCHF sellers have pushed pair down to moving average support.Will the buyers come in?
The USD/CHF has moved lower, testing key support near the 200-hour moving...
Gold touches a fresh all-time record at $2791. What’s next
Geopolitical uncertainty is fuelling a fresh record high in gold. It's up...
ECB sources: Policymakers expect a further cut in March followed by a deeper debate
Three sources say policymakers expect a further cut in MarchExpect a broader,...
Last week’s 321 BCF US natural gas withdrawal was the fourth-largest ever
There is some angst about natural gas everywhere at the moment. Germany...
Leave a comment