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.
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By Hubert Marleau
By Hubert Marleau