Powell reinforces position that the Fed is not ready to start cutting interest rates

March 07, 2024 |Christine Morin
In testimony before a House panel Wednesday, the Fed chief said it will likely be appropriate to begin to lower borrowing costs "at some point this year," but made clear officials are not ready yet.
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BoC holds rates steady in March

BoC holds rates steady in March

March 07, 2024 |Claire Fan, Economist, Royal Bank of Canada

The Bank of Canada (BoC) held the overnight rate unchanged for a fifth consecutive meeting, extending a pause that started after the last hike in July last year. 

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