Posted 10/25/2023, 2:32:27 PM
Central Banks Navigate Rate Hikes While Geopolitical Tensions Simmer
- Bank of Canada holds key interest rate at 5%, keeps door open to more rate hikes
- Russia successfully tests ability to deliver massive nuclear strike in retaliation
- White House says cease-fire in Israel-Hamas war would only benefit Hamas
- Bank of Japan's future rate increase could impact yields globally by prompting Japanese investors to sell U.S. Treasuries
- Canadian central bank says mortgage holders coping with rate hikes, but auto loans are a problem