Global bond rally source of Canada’s liquidity issues

[ad_1] Article content Bank of Canada governor Tiff Macklem said heightened demand for bonds is a cause of ongoing liquidity issues in the country’s funding markets. The Canadian overnight repo rate average, or CORRA, has been stuck above the Bank of Canada’s

Fed holds interest rate steady

[ad_1] Breadcrumb Trail Links News Economy Central bank however signals shift towards cutting interest rates Published Jan 31, 2024  •  Last updated 15 hours ago  •  4 minute read Fed chair Jerome Powell held the rate steady Wednesday. Photo by Drew Angerer/Getty Images