What’s going to matter most to markets, to economists, to global central banks is not what the Fed does on Wednesday — but why the Fed moves.
The U.S. Federal Reserve is widely expected to cut its interest rate Wednesday for the first time in over a decade — a big step, though one unlikely to pull Canada’s central bank out of its holding pattern any time soon. The Bank of Canada sent signals earlier this month that the Canadian economy is very much on its own path and, at least in …
Last month the inflation rate for food and tobacco in China clocked in at 15.2%.
Don’t expect the inflation bugaboo to scare away the bond-market bulls, say some market participants