Chile’s Inflation Accelerates, Stoking Caution on Rate Cuts

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Canada Rates Can Diverge From Fed Without Stoking Inflation Problem, National Bank SaysThe Bank of Canada’s policy interest rate may fall 100 basis points below that of the Federal Reserve’s “without policymakers batting an eye,” according to economists at one of the country’s largest lenders.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Carry Trade Gets Turned on Its Head, Stoking Rush to the DollarFor decades, carry traders have borrowed US dollars at low interest rates and invested in higher-yielding emerging-market currencies. But that flow is now getting turned on its head.
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