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Canada March wholesale trade +1. 9% vs +1. 4% expected
2+ week, 3+ day ago (270+ words) Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1. 9% to $89. 0 billion in March. Sales increased in five of the seven subsectors, representing 79. 6% of total wholesale sales. The largest increase came from the machinery, equipment…...
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Bank of Canada's Macklem backs Fed independence ahead of Powell departure
3+ week, 5+ day ago (282+ words) Bank of Canada Governor Tiff Macklem told parliament he expects the Federal Reserve's culture and conduct to continue unchanged under its incoming chairman, dismissing concerns about Fed independence post-Powell. Macklem was speaking Monday afternoon Canada time. Bank of Canada Governor…...
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