Savings rate drops as consumption growth outpaces income gains
Deputy governor says it's difficult to gauge how quickly supply issues will be resolved
A change to the Bank of Canada's mandate represents an undervalued risk
The bank maintained its guidance that rates aren't expected to rise until sometime between April and September
Inflation, economic recovery and job market seen to be driving the Fed
Global GDP call trimmed as rate hikes loom larger
Powell also elevated inflation-fighting as a more urgent priority than supporting job growth
For now, omicron hasn't much affected the Fed's economic outlook
The governor said the central bank can play a key role in fostering economic reconciliation
Managing the withdrawal of monetary and fiscal supports remains key