The Weekly Bottom Line: Canada Inflation Moving in the Right Direction

U.S. Highlights The Federal Reserve delivered a modest 25-basis point hike this week amid banking stress, lifting the policy rate to a range of 4.75-5.00% – a level that’s just a hair below its previous peak back in 2007. Fed projections show the policy rate peaking at 5.1% in 2023, implying one more hike for […] The post The Weekly Bottom Line: Canada Inflation Moving in the Right Direction appeared first on Action Forex.

The Weekly Bottom Line: Canada Inflation Moving in the Right Direction

U.S. Highlights The Federal Reserve delivered a modest 25-basis point hike this week amid banking stress, lifting the policy rate to a range of 4.75-5.00% – a level that’s just a hair below its previous peak back in 2007. Fed projections show the policy rate peaking at 5.1% in 2023, implying one more hike for […]

The post The Weekly Bottom Line: Canada Inflation Moving in the Right Direction appeared first on Action Forex.