Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.

The risk of higher oil prices and global instability raised fears of inflation. A Reuters snap poll showed that 11 out of 14 experts now expect no change in rates. Only three forecast a rate cut.

Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the ...

The higher interest rate environment of the past three years means, “it’s a lot different story” when it comes to setting consumer expectations on FIAs, said Nate Miles, director of annuity ...