Loss of Independence of U.S. Fed Would Particularly Affect Canada: BoC’s Macklem

BoC's Tiff Macklem warns of effects on Canada if Fed independence compromised

Bank of Canada governor Tiff Macklem warned that a loss of independence at the U.S. Federal Reserve would have knock-on effects north of the border and around the world.

Loss of independence of U.S. Fed would particularly affect Canada: BoC’s Macklem

The head of the Bank of Canada says a loss of independence at the U.S. Federal Reserve would affect Canadian financial markets because of how integrated the two economies are.

Loss of independence of U.S. Fed would particularly affect Canada: BoC's Macklem

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BoC Macklem sees forecasts more fragile amid rising uncertainty - ActionForex

In an interview with Reuters, BoC Governor Tiff Macklem warned that the global environment faces an unusually high risk of fresh disruptions. He said geopolitical risks are “elevated” and that the potential for new shocks has increased materially. He also cited attacks on the independence of the Fed as an added source of uncertainty this […] The post BoC Macklem sees forecasts more fragile amid rising uncertainty appeared first on ActionForex.