BoC Governor Tiff Macklem said in a speech yesterday, “tighter monetary policy is necessary to lower the parts of inflation that are driven by domestic demand. And that is critical to bringing price increases back in line with our 2% inflation target.” BoC will also be considering when to move to quantitative tightening, or QT. “The […]
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Swiss consumer inflation remained subdued in March, with headline CPI unchanged on the month, below the expected 0.1% mom rise. Core CPI (excluding fresh and seasonal products, energy and fuel) rose just 0.1% mom. The Read more…
Markets The US government published the groundwork of its new trade policy. The baseline is a 10% across-the-board levy on all imports, effective April 5th. The tariff rate is higher for countries who charge the Read more…
I won’t make this long or complicated. Trump’s tariff announcement was worse than expected. The universal tariff was set to 10% – in line with expectations – but the tariffs imposed to main trade partners Read more…