Still a lot of data to come before the central bank's September decision Economics
OTTAWA — Tariff impacts are expected to keep underlying inflation elevated in July, a Desjardins economist says, even if the headline figure retreats. Statistics Canada is set to report inflation figures for July on Tuesday. A poll of economists expects annual inflation cooled last month to 1.7 per cent, according to LSEG Data & Analytics. […] Economics
Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a Federal Reserve interest-rate cut in September. Economics
Wall Street traders bracing for a key inflation reading left stocks wavering near all-time highs, while bonds and the dollar edged up. Bitcoin pared a rally that earlier drove it above $122,000. Economics
Treasury yields slipped as investors brace for a key reading of US inflation that may bolster the case for the Federal Reserve to cut interest rates next month. Other
Swiss inflation unexpectedly accelerated, a reading that will be welcomed by policymakers mulling whether to reintroduce negative interest rates. Economics