BNN Bloomberg sets up the week ahead with what investors need to know.
Nominated for a Fed Board vacancy in November 2017, Goodfriend had a hearing before the Senate Banking Committee but did not progress to a vote before the full Senate. The nomination lapsed at the end of 2018.
The three nations are discussing the fine print of the agreement that requires 70% of steel and aluminum in vehicles to come from the continent in order to receive duty-free treatment, according to half a dozen people familiar with the talks.
“It has been a privilege to serve as the ninth Governor of the Bank of Canada,” Poloz said in a statement posted to the bank’s website Friday morning.
The surprising labour-market strength may ease concern that U.S. growth is faltering amid global economic headwinds from the trade war.
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