Stocks open higher day after Fed decision to hold rates

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Stock Market,Expert Insight

All three of the stock market indexes (^DJI, ^IXIC, ^GSPC) are swinging into the green after Thursday's market open. This comes a day after the Federal...

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OTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday. In testimony to the Senate banking committee, Macklem said inflation was coming down and Canadians wanted to know when the central bank would start cutting interest rates. Canada's annual inflation rate was 2.9% in March, a little higher than the previous month.

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