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U.S. government debt was selling off Tuesday morning, pushing 10- and 30-year yields a few basis points higher, as ...
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Canada’s inflation unexpectedly cools to 2.3% in Marchcore inflation metrics monitored closely by the Bank of Canada remain high. Doug Porter, chief economist at BMO Capital Markets, emphasised the bank’s difficulty in deciphering these conflicting ...
The Canadian Dollar (CAD) strengthens further against the US Dollar (USD) on Wednesday, marking a three-day rally, with ...
Despite soaring equity markets and resilient household spending, Canadian consumer confidence continues to erode. A new ...
The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.
The softer headline and core inflation readings are welcome news for investors as the risk of an instant pass-through from tariffs appears to have been avoided. Instead, businesses are likely waiting ...
But economist Scott Anderson of BMO Capital Markets said the central bank’s focus on inflation “raises the risk that the Fed will be a little late to cutting rates to forestall a deeper slowdo ...
The Canadian Press on MSN9d
Will the Bank of Canada cut key interest rate following latest inflation report?Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June ...
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