Fed’s Bostic: The best approach for monetary policy is patience

Atlanta Federal Reserve President Raphael Bostic indicated that a robust economy provides the US central bank with the opportunity to consider the effects of tariffs on inflation and growth, while also expressing openness to the potential for a single interest rate cut later this year.
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USD/CAD Price Forecast: USD/CAD bearish structure intact, short-term bounce hinges on 1.3700 support

The Canadian Dollar (CAD) holds firm against the US Dollar (USD) on Tuesday, with the USD/CAD pair edging lower during the American session to trade around 1.3710.
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