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Canada's inverted yield curve adds to BoC rate hike dilemma: As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an ...
ctvnews.ca/business/canada-s-inverted-yield-curve-adds-to-boc-rate-hike-dilemma-1.6180305
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Canada's inverted yield curve adds to BoC rate hike dilemma: As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an ...
ctvnews.ca/business/canada-s-inverted-yield-curve-adds-to-boc-rate-hike-dilemma-1.6180305
Canada's GDP rebounds in January, likely up 0.4% in February: Canada's gross domestic product strongly rebounded in January exceeding expectations and February's ...
reuters.com/markets/canadas-gdp-outperforms-jan-growth-forecast-likely-grew-04-feb-2024-03-28/
Referencing 'In an emergency, break glass' signs, Bank of Canada official says, 'It's time to break the glass'
ctvnews.ca/business/referencing-in-an-emergency-break-glass-signs-bank-of-canada-official-says-it-s-time-to-break-the-glass-1.6822827
Quick Glance: Canada Urgently Needs to Boost Productivity
- Carolyn Rogers, the Deputy Governor of the Bank of Canada, emphasizes the need for a turnaround to safeguard the economy from potential inflationary pressures.
- In the fourth quarter of 2023, Canada saw a 1.7% annual increase in productivity, marking the first rise following six consecutive quarterly declines.
- Current data suggests that Canada's productivity level has remained virtually unchanged for the past seven years.
- Furthermore, an additional measure of living standards utilized by economists indicates a prolonged stagnation, remaining stagnant at a level reminiscent of nearly a decade ago.
Bank of Canada likely to lead the U.S. Fed in rate cuts: The Bank of Canada (BoC) is likely to move ahead of the U.S. Federal Reserve on its first rate cut ...
reuters.com/business/finance/bank-canada-likely-lead-us-fed-rate-cuts-2024-03-26/
Quick Glance: Bank of Canada Likely to Lead U.S. Fed in Rate Cuts
- The Bank of Canada is likely to move ahead of the U.S. Federal Reserve on its first rate cut, as tepid economic growth and cooling inflation are priming up conditions to ease borrowing rates sooner, economists and analysts said.
- Canada may also need deeper cuts in the current cycle, since the economy is much more sensitive to interest rates due to its household debt, which as a percentage of net disposable income is the highest among G7 countries.
- Canada is expected to cut more aggressively over a longer time frame than its neighbor.
- Bank of Canada Governor Tiff Macklem has said that despite two back-to-back soft inflation prints, underlying price pressures in the economy still persisted and it was still too early to consider a cut.
Gold: Is the big upward wave now coming for the precious metal?: With the new all-time high, gold showed a lot of strength in March 2024. The precious metal ...
deutsche-handwerks-zeitung.de/gold-investieren-2024-335250/
Restaurant prices are still rising. Here’s how to afford dining out - National | Globalnews.ca
trib.al/cADTtwW
The need to improve Canadian productivity has reached emergency level: official: Senior deputy governor Carolyn Rogers says an economy with low productivity can ...
montrealgazette.com/news/national/the-need-to-improve-canadian-productivity-has-reached-emergency-level-official
Canadian inflation rate unexpectedly eases to 2.8% in February: Canada's annual inflation rate in February unexpectedly cooled to 2.8%, its slowest pace since ...
reuters.com/markets/canadas-inflation-rate-unexpectedly-eases-28-february-2024-03-19/
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Bank of Canada expects to cut rates this year, governing council split on timing: The Bank of Canada expects it will be able to cut interest rates sometime this ...
ctvnews.ca/business/bank-of-canada-expects-to-cut-rates-this-year-governing-council-split-on-timing-1.6815246
Canada’s Economy to Slow With New Limits on Temporary Migrants: Canada’s planned reduction in temporary residents is set to add downward pressure to inflation ...
bloomberg.com/news/articles/2024-03-22/temporary-resident-limits-are-poised-to-slow-canada-s-economy
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Canada CPI February 2024: Inflation Slows, Core Measure Also Eased: Canadian inflation unexpectedly eased in February, building a case for the Bank of Canada to ...
bloomberg.com/news/articles/2024-03-19/canada-inflation-slows-to-2-8-in-february-below-expectations
Canada Inflation Slows to 2.8% in February: Here's What Economists Have to Say
bloomberg.com/news/articles/2024-03-19/-relief-what-economists-are-saying-about-canada-s-inflation-surprise
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Inflation drop is ‘very encouraging’ but ‘it’s one number’: BoC official - National | Globalnews.ca
trib.al/qXmIPTA
Core Inflation Metrics Give Bank of Canada Room to Talk Cuts: Key measures for underlying price pressures that the Bank of Canada is watching show broad ...
bloomberg.com/news/articles/2024-03-19/core-inflation-metrics-give-bank-of-canada-room-to-talk-cuts
Rate cuts could be in the cards for 2024, but BoC sees housing market as a risk - National | Globalnews.ca
trib.al/wnHoTsR
Major Central Banks of the World: Who Will Cut Interest Rates First?: Japan's departure from negative interest rates is drawing attention to the other central ...
faz.net/aktuell/finanzen/finanzmarkt/zentralbanken-wann-kommen-erste-zinssenkungen-19597312.html
S&P/TSX composite creeps higher after inflation report, U.S. stock markets rise | Globalnews.ca
trib.al/ljOCeOm
The Wendy’s controversy shows Uber-style pricing is coming for everything: More and more industries are adopting “dynamic pricing” — and consumers aren’t happy.
vox.com/money/24105250/fast-food-restaurants-dynamic-pricing-algorithm-wendys
Canada's annual consumer inflation slows to 2.8% in February from 2.9% in January
yenisafak.com/en/news/canadas-annual-consumer-inflation-slows-to-28-in-february-from-29-in-january-3679657
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Statistics Canada set to release inflation report for February - National | Globalnews.ca
trib.al/1WJdQ3j
Canadian dollar arrests recent decline ahead of key CPI data: The Canadian dollar was little changed against its U.S. counterpart on Monday ...
reuters.com/markets/currencies/canadian-dollar-arrests-recent-decline-ahead-key-cpi-data-2024-03-18/
Most Canadians Want Trudeau Government to Spend Less, Poll Says: A majority of Canadians want Prime Minister Justin Trudeau to reduce government spending ...
bloomberg.com/news/articles/2024-03-12/most-canadians-want-trudeau-government-to-spend-less-poll-says
'Upside surprise': S&P/TSX composite index posts gain, U.S. markets rise after inflation report
ctvnews.ca/business/upside-surprise-s-p-tsx-composite-index-posts-gain-u-s-markets-rise-after-inflation-report-1.6804890
Real-Return Bonds Reap Gains for Ontario Health-Care Pension: Canadian inflation-protected securities known as real-return bonds are reaping gains for one of the ...
bloomberg.com/news/articles/2024-03-13/real-return-bonds-reap-gains-for-ontario-health-care-pension
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Canadian dollar hits five-day low on U.S. inflation data: The Canadian dollar edged lower against its U.S. counterpart on Tuesday as investors weighed prospects ...
reuters.com/markets/currencies/canadian-dollar-hits-five-day-low-us-inflation-data-2024-03-12/
Politicians want more competition, but supply management still a 'sacred cow': When it comes to the supply management system for egg, poultry and dairy products ...
montrealgazette.com/news/national/politicians-want-more-competition-but-supply-management-still-a-sacred-cow
2024 is the year of the rate cut pivot — here's when the world's central banks will budge
cnbc.com/2024/03/13/when-are-the-worlds-central-banks-cutting-rates-in-2024.html
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