Here’s what Tiff Macklem and Kevin Warsh get wrong about productivity and interest rates, says Desjardins
Bank of Canada's Tiff Macklem and U.S.
Key context
- Source
- Financial Post — established analytical coverage
- Scope
- North America · CA
- Theme
- Rates, Monetary Policy
- Signals
- bond yields, mortgage spreads, credit growth
Why it matters
Fed's policy stance directly shapes borrowing costs across U.S., because rate decisions feed through to mortgages and bond yields.
RatesMonetary PolicyCA
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