4 d. ago Bank of Canada Weighed September Pause Amid Consumption Strength

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

4 d. ago Bank of Canada Mulled September Hold Amid Strong Consumption

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

2 w. ago Economists unanimous on interest rate cut after latest inflation numbers

August’s core inflation numbers 'cemented' a rate cut by the Bank of Canada on Wednesday, says Scotiabank's Derek Holt

Economics

2 w. ago Core Inflation Eases in Canada, Opening Way for Another Rate Cut

Canadian underlying price pressures eased, even as the headline rate quickened slightly, clearing the way for the central bank to resume cutting interest rates this week.

Economics

2 w. ago ‘Very strong case’ for Bank of Canada cut this week, if inflation data co

Market odds of a cut on Wednesday have jumped to 90%

Economics

3 w. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

3 w. ago Asian Stocks Near Record High on Fed Rate Cut Bets: Markets Wrap

Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week.

Economics

3 w. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics