Bank of Canada’s Rogers: Long Way to Go Before High Inflation Returns to Target

–Senior Deputy Governor: To Keep High Inflation from Becoming Entrenched–Rogers: Some Early Signs of Rate Hikes Working, As in Housing Market Pullback–Rogers: Canadian Economy Strong, Can Cool and Stay in Positive Territory –Rogers: Higher Rates Are Adding Burden to Canadians but Need to Bring Inflation Down By Max Sato (MaceNews) – The Bank of Canada’s […]

ECB Lifts Interest Rates By 75 Basis Points; More Hikes in the Pipeline

By Laurie Laird LONDON (MaceNews) – The European Central Bank raised its three main borrowing rates by 75 basis points on Thursday and promised to tighten further with inflation at a record high and moving further from its target. “We are so far away from the rate that will return us to 2%,” said ECB […]

White House and Other Schedules for Thursday, Sept 8

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 8, 2022   [Although not on the official schedule, Pres Biden is widely reported to be holding a teleconference among […]