BoC increases overnight rate target to 1.25%

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Source: Dukascopy Bank SA
At the last policy meeting, the Bank of Canada decided to increase its overnight rate target by 25 base points to 1.25%, adding more hikes are likely coming this year.
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Wed, 17 Jan 2018 16:52:25 GMT

US industrial production up 0.9% in December

The Federal Reserve reported today that the US industrial production jumped 0.9% over the course of December, topping economists' expectations for a 0.4% rise.

Wed, 17 Jan 2018 16:30:31 GMT

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According to the data released by the Federal Reserve on Wednesday, capacity utilisation increased to 77.9%, topping analysts' expectations for a surge to 77.3%.

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