Policymakers cite need to maintain a level playing field with U.S. banks
Global rate cycle has turned, but central banks to stay cautious
The measure, which targets pass-through companies, could raise more than US$50 billion
Services inflation is running hot, while goods disinflation is set to slow, NBF says
The longer the Fed keeps borrowing costs high, the more it risks weakening the economy too much
High rates, cautious consumers driving insolvency trends
Rate cuts on tap this year, although size and timing remain data driven
Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before
Consumer spending also rose in the last quarter, but at a slower pace than previously thought
Cost of latest trade salvo is low, but it escalates tensions, Moody's says