The University of Michigan’s index of consumer sentiment tumbled 10.5% on a monthly basis in March and plunged 27.1% over the ...
"We're now facing a new crisis," Bank of Canada Gov. Tiff Macklem said at a press conference, after cutting the central bank's target for the overnight rate to 2.75%, down after seven straight cuts ...
The Bank of Canada cut its main interest rate by a quarter point to help offset weaker consumer spending and business investment stemming from trade-policy uncertainty. However, the bank tempered ...
Employers in the country added just 1,100 jobs last month.
jobs and inflation is likely to reverse, he said. Canada is likely to slip into a recession, probably starting in the second ...
Let’s look at what’s happening with the three biggest contributors to Canada’s inflation rate: shelter, transportation and food. Shelter is the most important component of the CPI ...
At that rate the $2 cup of coffee you picked up on the way to ... Canadians usually don’t pay much attention to inflation. That’s because inflation in Canada has been close to 2 per cent per year for ...
Macklem pointed out that the threat of tariffs has brought about uncertainty just as Canada's economy is "on a better footing." Currently, the country's inflation rate is hovering at around two ...
Inflation across Canada rose slightly to an annualized rate of 1.9% in January but remains below the central bank's 2% target. Statistics Canada reports that the Consumer Price index (CPI ...
moving further from the ECB’s 2% inflation target. In reducing rates, the ECB follows in the footsteps of the Swiss National Bank, Sweden’s Riksbank and the Bank of Canada, each of which ...
Statistics Canada's consumer price index on Tuesday reported the annual inflation rate rose to 1.9 per cent last month, up from 1.8 per cent in December, as the effects from a full month of the ...
The Bank of Canada’s two preferred core inflation measures also accelerated ... A tariff war would likely force the central bank to adjust their rate-cut campaign to brace the economy for ...