U.S. Federal Reserve

• U.S. Fed leaves rates unchanged, but leaves door open to future hikes

  The U.S. Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs.

  Economy

  Nov 1, 2023
  
• U.S. economy is still running hot. And more rate hikes might be needed: Powell

  Jerome Powell noted that the economy has been growing faster than expected and that consumers have kept spending briskly - trends that could keep inflation pressures high

  Economy

  Aug 25, 2023
  
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• U.S. Fed hikes key interest rate, leaves door open to more

  The U>S. Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale.

  Economy

  Jul 26, 2023
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• Fed’s Powell warns more rate hikes coming as U.S. inflation pressures ‘run high’

  With inflation in the U.S. still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said.

  U.S. News

  Jun 21, 2023
• Why the U.S. Fed rate hold is good news for the loonie — and the Bank of Canada

  The U.S. Federal Reserve held interest rates steady on Wednesday. With the Bank of Canada hiking again, here's what that could mean for inflation and rates north of the border.

  Economy

  Jun 14, 2023
• U.S. regulators vow to ratchet up rules, oversight for banks after recent failures

  Fed Vice Chair for Supervision Michael Barr said the agency was "carefully considering" rule changes for larger regional banks of over $100 billion in assets.

  Economy

  May 16, 2023
• U.S. Fed raises rates but signals possible pause to assess bank failures

  As widely expected, the U.S. Federal Reserved raised its benchmark interest rate by 25 basis points on Wednesday.

  Economy

  May 3, 2023
• First Republic collapse: What does it mean for Canada and the U.S. Fed?

  The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation.

  Economy

  May 1, 2023
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• SVB instability could drive some Canadian mortgage rates lower. Here’s why

  The collapse of Silicon Valley Bank and fears of wider financial instability has led some market forecasters to revise interest rate path expectations.

  Money

  Mar 14, 2023
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• Bank of Canada won’t follow U.S. Fed on rates despite inflation risks: official

  A senior official at the Bank of Canada says the central bank will tailor its interest rate decisions to the domestic context, not what happens beyond Canadian borders.

  Money

  Mar 9, 2023