The rate cut, which included a nod to the data limits the Fed faces during the current federal government shutdown, drew dissents from two policymakers. Other
Policymakers says 'job gains have slowed' with risks to employment on the rise Culture
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point Wednesday and signalled it may be satisfied with where the policy rate sits amid ongoing U.S. trade uncertainty. The central bank’s key rate now stands at 2.25 per cent after a second consecutive cut. Bank of Canada governor Tiff Macklem […] Other
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point today and is signaling it may be satisfied with where the policy rate stands amid ongoing U.S. trade uncertainty. The central bank’s key rate now sits at 2.25 per cent after a second consecutive cut. Bank of Canada governor Tiff […] Other
WASHINGTON (AP) — The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The government shutdown has cut off the flow of data that the Fed relies on to track employment, inflation, and the broader […] Politics
A delayed snapshot of US inflation in September came in softer than expected, potentially offering a path for the Federal Reserve to cut interest rates beyond next week’s meeting. Culture
Underlying US inflation rose in September at the slowest pace in three months, keeping the Federal Reserve on course to lower interest rates next week. Other
A delayed snapshot of inflation in September came in softer than expected, potentially offering a path for the Federal Reserve to cut interest rates beyond next week’s meeting. Economics