US rate hold good for the Canadian dollar

This week, the American Central Bank announced it’s holding interest rates steady, which comes as the Bank of Canada fired up rate hikes yet again.

As Global’s Anne Gaviola discusses with The Peak Daily’s Brett Chang, even a temporary divergence in monetary policy does have an impact. What does this fed pause mean and why should you care?

Plus, if you’ve been waiting to buy an Instant Pot for your kitchen, say goodbye because Instant Brands has filed for bankruptcy.

For more info, please go to For more top business and tech news, visit The Peak Daily at

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7 件のコメント

  • I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact. As a single mother residing in Toronto, Canada, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at the age of 50.

  • America’s economy could even be worse than China’s. A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I’ve overheard people say inflation is a money-eater thus worried about my savings around $200K

  • That’s great ,too bad CBDC will take out freedom, I notice you don’t cover the Bank of Canada poll on CBDC.

  • I’d like to ask the communists at Global News how throwing paraphernalia into the streets is “violent”?

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