Thursday, February 5, 2026 at 8:52 PM
Bank of Canada Governor Tiff Macklem warns that the Canadian economy is undergoing significant structural changes that could hinder growth, and cautions that further interest rate cuts may be counterproductive.
Federal Reserve governor Lisa Cook sees a greater threat to the economy from elevated inflation than from a weakening labor market, a stance that suggests she could be skeptical of supporting a return to rate cuts.
Australians are again bracing for rate pain, as an overheating economy forces the central bank to tighten the policy screws
St. Louis Fed President Alberto Musalem said he would be reluctant to support further interest rate cuts, given that inflation has remained stuck above the Federal Reserve’s 2% target.
Senior Bank of Canada policymakers identified the pending U.S.-led review of the existing North American trade treaty as an “important risk” to the economic outlook, according to minutes.
