With the Federal Reserve approaching a possible pause in interest rate-hiking, two close-call decisions elsewhere in the world offer a foretaste of the quandary US officials have in store. The Reserve Bank of Australia and the Bank of Canada weren’t expected to raise borrowing costs at meetings in the coming week, until recent data suddenly put financial markets on edge for further action. Those decisions will arrive just days before the Fed’s June 14 announcement. Recently, some Fed officials have signaled they’re leaning toward a pause while others have indicated a preference to keep going in the fight against ... (full story)