Minneapolis Fed President Neel Kashkari said on Thursday that at the U.S. central bank's last meeting he penciled in two interest rate cuts this year but if ...
- Futures for Canada 's main stock index were muted on Friday, as investors awaited a crucial monthly U.S. jobs report that could provide indications for the Federal Reserve's monetary policy outlook, a day after hawkish remarks from some Fed officials.Minneapolis Fed President Neel Kashkari said on Thursday that at the U.S. central bank's last meeting he penciled in two interest rate cuts this year but if inflation continues to stall, none may be required by year end.
Investors will also keep a watch on the March reading of employment numbers in Canada, due at 8:30 a.m. ET, the last pivotal dataset ahead of the Bank of Canada's interest rate decision next week. Gold prices were set to rise for a third straight week on safe-haven inflows, while copper receded from the 14-month high hit in the previous session.
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