Fed Chair nominee seen as experienced, diplomatic
If confirmed by the Senate, he'll replace Jerome Powell as chair in May
Two officials dissented from the decision, preferring a cut
Deadline for prescribed-rate loan payments is Jan. 30
Outlook for Canadian economy is vulnerable to unpredictable U.S. trade policies, geopolitical risks, central bank notes
BoC, Fed expected to keep interest rates steady on Wednesday
Central bank under pressure to show objectivity amid political, legal attacks
Shift in policy, economic climate followed by sharp rise in deal activity
Higher spending across the board, including lower-income groups, a risk to Canada's future growth
Many economists forecast no changes this year as BoC has said rates are at "about the right level"