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Feb 11, 2026
Fed’s Schmid: Further rate cuts could allow higher inflation for longer
Federal Reserve (Fed) Bank of Kansas City President, Jeffrey Schmid, said it is appropriate to maintain a restrictive monetary policy as inflation approaches 3%.
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Feb 11, 2026
USD/CAD climbs on USMCA concerns and firmer US labour data
USD/CAD edges higher on Wednesday after reports that the US is privately considering withdrawing from the US-Mexico-Canada Agreement (USMCA), weighing on the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3612, rebounding from intraday lows near 1.3500.
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