The Federal Reserve's recent meeting led to a significant drop in stock and Treasury markets, while the dollar hit its highest level since 2022.
The meeting's unexpectedly hawkish tone was highlighted by four main points:
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...

Can someone tag me when black friday deals drop?
I think they should start november 25th......but I don't get any emails from RBC them.

I actually listened to the conference call the bank held to announce this, and as I heard the CEO and his VPs speak, something struck me. This may sound like a generalization:
CEO Bharat Masrani sounded like someone asleep at the wheel. He was noticeably slow to respond, and his answers were very vague—you wouldn’t think he was the CEO of one of the largest banks in North America. Just based on his communication style, I wasn’t surprised that this happened under his watch. I understand that Eng...