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Scotiabank Says Canada July Rate Cut Is Likely as Inflation Ebbs
Bloomberg· 3 days agoBank of Nova Scotia is likely to shift its expectation for Canada’s first interest-rate cut to July,...
Canada Bank Watchdog Warns of Housing-Payment Shock by 2026
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Canada’s banking watchdog warned that many homeowners who took out mortgages when...
B.C.’s inflation rate remains higher than Canada’s, but relief on horizon
Houston Today· 3 days agoB.C.’s inflation rate remained above Canada’s in April 2024, but interest rates could be heading...
Canada March retail sales down 0.2% as spending falls across sectors
StreetInsider· 10 hours agoAnalysts polled by Reuters... said. "The waning of momentum over the quarter reflects consumer caution as mortgages come up for renewal at higher interest rates, and sales ...
Bank of Canada Could Tilt to July Rate Cut to Benefit From Flood of Data
US News & World Report· 2 days agoThe Bank of Canada (BoC) may dash hopes of a June interest rate cut and instead move in July, which will give it seven ...
Week Ahead for FX, Bonds: U.S. and Eurozone Inflation, China PMIs in Focus
The Wall Street Journal· 11 hours agoFocus this week will center on U.S. PCE inflation data as uncertainty remains over when the Federal...
Bond market says interest rate cut by July is pretty much a lock
Financial Post via Yahoo Finance· 1 day agoBut stay prepared for the unexpected as the Bank of Canada will get a slew of data — including two...
Canada Retail Sales Fell 0.2% in March, Recovered in April
The Wall Street Journal· 9 hours agoEarly signs show consumers in Canada were spending again last month, snapping a run of sluggish...
Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years
The Wall Street Journal· 3 days agoCanadian inflation eased last month, resuming its decline to advance at the slowest pace in three...
Immigration and Pent-Up Demand Drive Growing Car Sales in Canada
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- An influx of new immigrants and demand from consumers who couldn’t get cars during...