FOMC MINUTES SHOW NO PROMISE OF MORE RATE CUTS
–Wanted to Avoid ‘Any Appearance of Following Pre-Set Course’ –Meandering Discussion Struggles for Consensus; Saw ‘Absence of Clarity’ –‘Uncertainty’ and ‘Uncertainties’ Make Frequent Appearances By Denny Gulino WASHINGTON (MaceNews) – The view that the top Federal Reserve policymakers are as confused as everyone else in an environment of sharply conflicting signals – strong domestic jobs […]
CANADIAN CONSUMER PRICE GAIN AT 2%; M/M +0.5%
by Gordon Isfeld OTTAWA (MaceNews) – Canada’s consumer price index rose by 2.0% in July on a year-over-year basis, the same pace of gains as the previous month, with food and shelter costs fueling much of the increases. The CPI reading on Wednesday was better than expected, with the key reading unchanged last month – and […]