BoC Governor Tiff Macklem provided a sobering insight into Canada’s economic prospects during a parliamentary committee session overnight. Highlighting the central bank’s decision to maintain policy rate at 5.00% last week, Macklem emphasized the decision was taken to allow monetary policy “time to do its job.” However, he shared concerns that any reduction in inflation […]
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Rate cuts? Rate hikes? Another pause? Federal Reserve Bank of Chicago President Austan Goolsbee said all these options over interest-rate policy are on the table at the central bank right now. “I don’t see how Read more…
The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy Read more…
Nvidia (NVDA) is a semiconductor giant and artificial intelligence king. It makes GPUs, CPUs, AI inference accelerators, and networking solutions (which are becoming increasingly more important). The company divides its revenue sources into five end Read more…