ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Traders bet BOC rate-hike pause may come before Fed’s
Bloomberg Money-market traders, already having written off a hike at Wednesday’s Bank of Canada (BOC) meeting, are beginning to doubt that policy makers will pull the trigger next month either. While the Federal Reserve is widely expected to proceed with another quarter-point interest-rate increase in two weeks, overnight index swaps are pricing in just 16 basis points of tightening by …
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