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Bank of Canada Should Opt for Cautious Rate Cuts, Economists Say
US News & World Report· 21 hours agoThe Bank of Canada will need to play very safe in its easing cycle, despite widespread expectations of an immediate July rate cut, and take a much slower path due to the high risks from persistent ...
Inflation fight isn’t over, warns Lagarde as eurozone cuts rates
The Telegraph via Yahoo Finance· 1 day agoThe fight against inflation is not yet over, Christine Lagarde has warned, after the European...
German central bank warns on inflation and cuts 2024 growth outlook
Reuters· 7 hours agoUpward pressure from wages means inflation is proving stubborn, Germany's central bank said on...
Canada's unemployment rate rises to 6.2% as more workers forced to go part time
Financial Post via Yahoo Finance· 5 hours agoThe Bank of Canada this week cut interest rates for the first time since launching a hiking cycle...
Labor market expected to grow but continue gradual slowdown
Washington Post· 8 hours agoEconomists predict that the May jobs report to be released Friday morning will extend the longest...
U.S. economy adds 272,000 jobs in May, surpassing expectations
KETV 7 Omaha· 4 hours agoThe U.S. economy added 272,000 jobs in May, surpassing most economists' predictions. The...
Inflation will take years to fall to 2% target, according to Cleveland Fed model
FOX Business· 4 days agoVerbrugge differentiates between the two sources of inflation: extrinsic, meaning external shocks...
German Central Bank Warns on Inflation and Cuts 2024 Growth Outlook
US News & World Report· 7 hours agoUpward pressure from wages means inflation is proving stubborn, Germany's central bank said on Friday, a day after the European Central Bank delivered its first interest rate ...
The wiggle room around 2% inflation targets :Mike Dolan By Reuters
Investing.com· 12 hours agoLONDON (Reuters) -This week's milestone G7 interest rate cuts dispel any notion that hitting 2% ...
I’m an Economist: Here Are My Predictions for Inflation If Biden Wins Again
AOL· 5 days agoStubborn inflation has been hitting Americans at every level: From grocery prices to those of housing, high costs have placed an enormous toll on consumers. Thus, it came ...