Tag: Bank of Canada
Canada Inflation Steady at 2.2% in November
Canada’s annual inflation rate held steady at 2.2% in November, according to data released Monday by Statistics Canada. The reading came in slightly below...
Dollar Weakens Ahead of Key Fed Meeting
The U.S. dollar slipped on Monday as traders prepared for a busy week of central bank meetings. The highlight will be the U.S. Federal...
Canada’s Inflation Cools to 2.2% as Gas and Food Prices Drop
Canada’s annual inflation rate slowed to 2.2% in October, supported by lower gasoline costs, easing food prices, and a decline in mortgage interest rates,...
Canadian Services Sector Slows in September as Employment Declines
Canada’s Services PMI Falls to Three-Month Low as Jobs Decline
Canada’s services economy contracted at a sharper pace in September, with employment falling and outstanding...
Bank of Canada Lowers Rates to Three-Year Low Amid Economic Concerns
Bank of Canada Cuts Key Rate to 2.5%, Citing Economic Risks
The Bank of Canada lowered its benchmark interest rate to 2.5% on Wednesday, marking...
