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InterestRates

Bank of Canada Likely to Hold Rates Amid Oil Price Surge and Inflation Concerns

The Bank of Canada is widely expected to keep its benchmark interest rate unchanged at 2.25% in its upcoming policy announcement, despite growing concerns over inflation triggered by a sharp rise in global oil...

Federal Reserve Moves to Block Subpoenas for Chair Jerome Powell Amid Criminal Probe

The Federal Reserve is mounting a closed-door legal effort to block grand jury subpoenas issued by the U.S. Justice Department to Chair Jerome Powell, according to sources familiar with the matter. Powell disclosed in...