Issuer 33 – Is Canada Foreshadowing a Backlash Against Aggressive Monetary Policy: YES

Last week, Nick Timiraos, known on Wall Street as the Fed Whisperer, wrote in the WSJ that the Fed’s rate-setters will raise the policy rate another 0.75% on November 2, but will likely tame future hikes. Well, Tiff Macklem, Governor of the Bank of Canada seems to have beaten Jerome Powell, Chairman of the Federal Reserve to the punch on this one.


Follow us on: LinkedIn


By Hubert Marleau

Continue Reading in PDF

By Hubert Marleau

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.