Rabobank's Senior Macro Strategist Bas van Geffen reports that the Bank of Canada raised rates in response to persistent energy-driven inflation. Governor Macklem framed the move as containing the risk of broader price pressures, with inflation projections lifted notably for this year and 2027. The policy statement signals that additional rate increases may be needed, and strategists expect…
The detection of the once-eradicated flesh-eating fly in an Arizona dog marks its spread to a third U.S. state, stoking fears for an already depleted cattle herd.
