Bank of Canada says culture of US Federal Reserve will continue under new chair

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Bank of Canada says culture of US Federal Reserve will continue under new chair

AI Summary

The Governor of the Bank of Canada stated that the culture of the US Federal Reserve is expected to persist under the newly appointed chair. This remark underscores the interconnectedness of international monetary policy.

"I believe that ⁠the culture and the comportment ​of the ​Fed ​will continue as ‌it has in the past," said Macklem during his testimony to the ...

Politics Markets Canada US Federal Reserve monetary policy banking economy

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