• Kansas City Fed president George: Would be happy to leave rates where they are now

Market news

22 August 2019

Kansas City Fed president George: Would be happy to leave rates where they are now

  • It's not the time for accommodation, labour market remains strong
  • Businesses are still reporting issues finding workers, we are seeing higher wages
  • We are at rate equilibrium now
  • Economy absorbed downside risk

Canada: Wholesale Sales, m/m, June 0.6% (forecast 0.3%)
ECB monetary policy meeting accounts: It is likely economic slowdown to be more protracted than previously anticipated
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