BoC Governor Tiff Macklem in a speech today raised concerns about the long-term implications of slowing globalization on inflation, indicating that price pressures may remain elevated for some time. Macklem highlighted that “with globalization slowing, the cost of global goods may not decline to the same degree,” which could result in upward pressure on inflation. […]
The post BoC Governor Macklem warns of persistent inflation pressures amid global trade slowdown appeared first on Action Forex.
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. There were small moves on Wall Street Friday after big gains earlier in the week. Eyes Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Massive savings on tech is generally associated with sales holidays—think Black Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Pots and pans are a necessity, but they come with a Read more…