Tiff Macklem
Governor of the Bank of Canada
Photo: Bank of Canada - Banque du Canada, CC BY 2.0 (Wikimedia Commons, cropped)
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- 6d ago
Hot US inflation lifts Fed hike bets, sends Treasury yields up and bitcoin to three-month low
The October consumer price index came in hotter than forecast on Tuesday, 10 November, with core inflation at 0.3%. Fed governor Christopher Waller had already floated a 50 basis point increase for the December meeting, and markets moved quickly toward that outcome.
- Jul 2
Fed Chair Warsh pledges independence, inflation fight, and data reforms at Sintra forum
Federal Reserve Chair Kevin Warsh used his first international speech to double down on the 2% inflation target, reject political pressure, and outline plans to overhaul the Fed's data and decision-making.