Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
TORONTO The Canadian dollar advanced against its broadly weaker U.S. counterpart on Friday as oil prices climbed and chances rose that the Bank of Canada will raise interest rates next week.
TORONTO The Canadian dollar weakened to its lowest this year against the greenback on Wednesday as worries of a U.S. NAFTA withdrawal tempered bets that the Bank of Canada will raise interest rates next week.
OTTAWA/TORONTO Expectations that Canada's central bank will boost interest rates later this month for the third time since July surged on Friday as the government reported jobs data significantly above analysts' expectations.
TORONTO The Canadian dollar strengthened to a three-month high against its U.S. counterpart on Friday after stronger-than-expected domestic jobs data boosted expectations for a Bank of Canada interest rate hike as soon as this month.
TORONTO Canada's yield curve is nearing inversion for the first time in a decade, potentially restraining the ability of the country's banks and insurers to increase profits despite the Bank of Canada hiking interest rates.
TORONTO The Canadian dollar weakened against its U.S. counterpart on Friday after domestic data showed a surprise drop in factory sales, while the greenback climbed broadly on prospects of a U.S. tax overhaul.
TORONTO The Bank of Canada is leaving the door open to further interest rate hikes in early 2018, making it clear that a number of uncertainties that could derail the economy, such as NAFTA renegotiation, are a reason for caution but not inaction.
TORONTO The Bank of Canada is increasingly confident the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday in an end-of-year speech that boosted the Canadian dollar and raised expectations of another rate hike early in 2018.
TORONTO The Canadian dollar weakened against its U.S. counterpart on Thursday, adding to losses from the previous session, when the Bank of Canada held interest rates steady and tempered expectations for a hike early next year.
TORONTO The Canadian dollar is likely to strengthen over the coming year, a Reuters poll showed, on the assumption uncertainty over trade lifts and a stronger economy boosting inflation will prompt the Bank of Canada to resume raising rates.
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- US Dollar Report: FOREX-Euro takes breather below 3-year high after ECB officials' remarks