The Global and Mail: U.S. Federal Reserve, Bank of Canada keep key interest rates unchanged amid oil-driven inflation risks

“The Federal Reserve left interest rates unchanged and made relatively minor changes in its policy statement, suggesting that officials plan to follow long-standing monetary policy orthodoxy in ’looking through’ the energy price shock now rolling across the global economy,” said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions in Toronto.

Read the article here.