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.
Bank of Canada Expects Rate Cut Conditions to Emerge This Year: Bank of Canada officials said they’ll likely be able to start cutting rates this year if the ...
bloomberg.com/news/articles/2024-03-20/bank-of-canada-expects-rate-cut-conditions-to-emerge-this-year
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.
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’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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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
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.
Statistics Canada set to release inflation report for February - National | Globalnews.ca
trib.al/1WJdQ3j
Inflation drop is ‘very encouraging’ but ‘it’s one number’: BoC official - National | Globalnews.ca
trib.al/qXmIPTA
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
Rate cuts could be in the cards for 2024, but BoC sees housing market as a risk - National | Globalnews.ca
trib.al/wnHoTsR
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/
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
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
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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Bank of Canada Keeps Policy Rate at 5%, ‘Too Early’ to Weigh Cuts: The central bank seeks more evidence that underlying inflation and wage growth are on a ...
wsj.com/articles/bank-of-canada-keeps-policy-rate-at-5-too-early-to-weigh-cuts-e895a293
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
Admiral Group-led non-life insurers drive FTSE 100 higher; U.S. data in focus: The UK's benchmark FTSE 100 eked out modest gains on Monday supported by a rise in ...
reuters.com/world/uk/ftse-100-muted-miners-weigh-currys-falls-2024-03-11/
Canada to present federal budget on April 16, finance ministry says: Canada's Finance Ministry said on Monday it would present its 2024-25 federal budget to ...
reut.rs/3T65kSS
Canada Economy Grew 1% in Final Quarter Lifted by Exports: The Canadian economy bounced back at the end of last year with the help of strong oil exports ...
bloomberg.com/news/articles/2024-02-29/canada-economy-grew-1-in-final-quarter-lifted-by-exports
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Big interest rate cuts this year? Ain’t gonna happen: Regardless of its intentions, the Bank of Canada will struggle to bring interest rates down by very much ...
theglobeandmail.com/business/commentary/article-big-interest-rate-cuts-this-year-aint-gonna-happen/
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Want a low-cost economic initiative? Fix the immigration mess: The sudden surge in population has exacerbated the housing shortage, a structural problem that is ...
theglobeandmail.com/politics/opinion/article-want-a-low-cost-economic-initiative-fix-the-immigration-mess/
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Canada Inflation Slows More Than Expected to 2.9% in January: Canadian consumer prices eased at the start of this year, with progress on underlying pressures ...
trib.al/9igSkqi
PBO expects inflation to fall to 2% by end of year, deficit to grow amid weak economy
ctvnews.ca/canada/pbo-expects-inflation-to-fall-to-2-by-end-of-year-deficit-to-grow-amid-weak-economy-1.6795133
2 years in, has the Bank of Canada’s historic rate hike campaign done the job? - National | Globalnews.ca
trib.al/ElAYMcY
Ottawa will meet its fiscal targets, Freeland says ahead of 2024 budget: Ms. Freeland says the government will meet the guidelines for debt and deficits set out ...
theglobeandmail.com/politics/article-ottawa-will-meet-its-fiscal-targets-freeland-says-ahead-of-2024-budget/
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Bank of Canada expected to hold interest rates this week as grey cloud hangs over economy
ctvnews.ca/business/bank-of-canada-expected-to-hold-interest-rates-this-week-as-grey-cloud-hangs-over-economy-1.6793251
Canada Inflation Cools to 2.9% in January: Canadian inflation decelerated more sharply than anticipated in January, offering comfort the central bank’s past rate ...
wsj.com/economy/consumers/canada-inflation-cools-to-2-9-in-january-a3c58c6a
Say hi to the new weak, stagnant economy. It’ll be here for a while: While the economy has managed to post meagre growth, it was largely because of the relative ...
theglobeandmail.com/business/commentary/article-say-hi-to-the-new-weak-stagnant-economy-itll-be-here-for-a-while/
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Polish government ends 0% VAT on food after two years: The opposition PiS party, which introduced the VAT cut while in office, has criticized the decision ...
notesfrompoland.com/2024/03/12/polish-government-ends-0-vat-on-food-after-two-years/
Chile’s Inflation Surges Unexpectedly in February 2024: Chile saw an unexpected inflation increase to 0.6% monthly in February 2024, surpassing the market ...
riotimesonline.com/chiles-inflation-surges-unexpectedly-in-february-2024/
Just For Laughs Comedy Festival Cancels 2024 Edition And Lays Off Staff After Filing For Bankruptcy; Pandemic And Inflation Blamed
deadline.com/2024/03/just-for-laughs-comedy-festival-cancels-2024-edition-bankruptcy-1235846360/
Canada's economy added 37,300 jobs in January, more than double the expectation of economists in a @Reuters poll, while wage growth slowed slightly ...
reut.rs/3Su2jf0
Attractive price gains: The comeback of convertible bonds: Convertible bonds have had difficult years. But the high level of interest rates could change that.
faz.net/aktuell/finanzen/meine-finanzen/wie-wandelanleihen-das-depot-ergaenzen-koennen-19549503.html
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Bank of Canada to Hold as Downside Risks Fade: Decision Guide: The Bank of Canada is likely to hold interest rates steady for a fifth straight meeting ...
bloomberg.com/news/articles/2024-03-05/bank-of-canada-to-hold-as-downside-risks-fade-decision-guide
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TSX falls to over 3-week low after hot US inflation data: Canada's main stock index dropped to over a three-week low on Tuesday due to a broad sell-off after ...
reuters.com/markets/tsx-futures-edge-lower-ahead-us-inflation-data-2024-02-13/
Beata Caranci On The Outlook For Growth, Inflation, And The Implications For Rates
seekingalpha.com/article/4675448-beata-caranci-on-the-outlook-for-growth-inflation-and-the-implications-for-rates
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Fed up with economic issues, many young voters are moving to the right : Frustration over housing affordability, interest rates, inflation and declining wages ...
theglobeandmail.com/politics/opinion/article-ibbitson-young-conservatives/
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'Always a reason to buy beauty': Young shoppers keep cosmetics hot despite inflation
ctvnews.ca/business/always-a-reason-to-buy-beauty-young-shoppers-keep-cosmetics-hot-despite-inflation-1.6773937
A frail Canadian economy risks plunging into further turmoil: With economic growth stalled since early 2023, there are significant risks that a longer and more ...
theglobeandmail.com/business/commentary/article-a-frail-canadian-economy-risks-plunging-into-further-turmoil/
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What's next after S&P 500’s worst inflation data day in years: After the stock rout on Feb. 13, investors are staring at a potentially long way down before they ...
financialpost.com/investing/stock-momentum-slams-into-wall-sp500-worst-cpi-day-years
Prime Minister Justin Trudeau said he’s hopeful the Bank of Canada will soon start easing monetary policy after the rate of inflation fell to within the ... Show more
Rate cut timing 'difficult to foresee' amid inflation pressures: Bank of Canada: The Bank of Canada isn't sure when it will be able to start cutting interest ...
ctvnews.ca/business/rate-cut-timing-difficult-to-foresee-amid-inflation-pressures-bank-of-canada-1.6759921
MPs urge Loblaw, Walmart to sign grocery code of conduct or risk it becoming law - National | Globalnews.ca
trib.al/JS5quOh
Bank of Canada’s Inflation ‘Buffet’ Muddies Timing of Cuts: The Bank of Canada says it’s watching core inflation closely as it weighs when to cut rates ...
bloomberg.com/news/articles/2024-02-15/bank-of-canada-s-inflation-buffet-muddies-timing-of-cuts
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Canadian Tire profit sees 68% drop due to warm weather, cautious consumer spending
torontosun.com/business/money-news/canadian-tire-profit-sees-68-drop-due-to-warm-weather-cautious-consumer-spending
Canadian Stocks Slide on Strong US CPI Report, Shopify’s (SHOP) Decline: Canadian equities had their worst day in more than a year after US inflation data came ...
bloomberg.com/news/articles/2024-02-13/canadian-stocks-fall-by-most-in-over-a-year-on-hot-us-cpi-data
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Global stock markets diverge as investors track earnings: Wall Street’s broad-based S&P 500 broke the 5,000-point mark on Friday but global stock markets ...
gulftoday.ae/business/2024/02/09/global-stock-markets-diverge-as-investors-track-earnings
Hershey says ‘historic’ cocoa inflation could push prices higher: Cocoa prices are climbing fast, and Hershey Co. may continue raising prices to keep up.
torontosun.com/business/money-news/hershey-says-historic-cocoa-inflation-could-push-prices-higher
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