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US Fed policy focuses on 'rational inattention'

Location:

UNITED STATES

Fed Chair Jerome Powell said in late August that it is important to change the way people consider inflation, noting that when inflation is high, people and firms incorporate it…

Canadian bank expansion will gain US market share

Location:

CANADA

Canadian banks were resilient during the global financial crisis. However, slow economic growth in their home market, exacerbated by low oil prices, has encouraged them to expand…